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HomeEquityEarnings Report: Fatima Fertilizer Co. Ltd. (PSX: FATIMA) today reported Financial Results...

Earnings Report: Fatima Fertilizer Co. Ltd. (PSX: FATIMA) today reported Financial Results for the Three and Six months ended June 30, 2017

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.

Posted on: 2017-08-24T12:14:00+05:00
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