Fatima Fertilizer Co. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased by 38 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 44 percent.
The board has recommended no Cash Dividend, any bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended
Key Financials
Jan – June, 2017
Jan – Jun, 2016
% Change
Amounts in PKR ‘000
Sales
17,691,739
12,775,609
38%
Cost of Sales
8,835,119
6,444,829
37%
Gross Profit
8,856,620
6,330,780
40%
Distribution Cost
1,517,571
872,211
74%
Admin: Expenses
830,071
653,414
27%
Finance Cost
1,049,038
1,299,691
-19%
Other Operating Expenses
347,739
264,632
31%
Other Income
258,986
349,205
-26%
Profit before Tax
5,371,187
3,590,037
50%
Taxation
1,080,198
614,683
76%
PAT
4,290,989
2,975,354
44%
EPS – Basic and diluted
2.04
1.42
44%
Company release on Earnings Report can be accessed here.