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Saturday, September 26th, 2020

Fauji Fertilizer Company Limited’s financial results for the half year ended June 30, 2011

Be First!

Karachi: 1. We have to inform you that the Board of Directors of Company in their Meeting held on Friday, July 29, 2011 at 1300 hours (Pakistan Time) at Venice, Italy recommended Second Interim Dividend for half year ended June 30, 2011 @ Rs.4.75 per share i.e. 47.5%. This in addition to first interim dividend already paid at Rs. 4.50 per share i.e. 45%.

2. The Financial Results of the Company are attached as Annexure ‘A’.

3. Book Closure. The Share Transfer Books of the Company will be closed from August 29 to September 04, 2011 (both days inclusive). Transfers received at the THK Associate (Private) Limited, Ground Floor, State Life Building – 3, Dr. Zia-ud-Din Ahmed Road, Karachi – 75530 at the close of business on August 29, 2011 will be treated in time for the purpose of payment of Second Interim Cash Dividend to the transferees.

4. We will be sending you 300 copies of printed accounts for distribution amongst the members of the Exchange in due course of time.

Fauji Fertilizer Company Limited

Condensed Interim Profit and Loss Account (Un-Audited) for the Half Year Ended June 30, 2011

 

For the Quarter ended

For the half year ended

June 30,

June 30,

June 30,

June 30,

2011

2010

2011

2010

(Rupees ‘000’)

(Rupees ‘000’)

Sales 13,120,334 10,447,808 24,220,679 19,946,623
Cost of sales 5,336,917 5,658,376 10,527,250 11,113,074
———- ———- ———- ———-
Gross Profit 7,783,417 4,789,432 13,693,429 8,833,549
Distribution cost 1,147,983 966,663 2,165,562 1,869,213
———- ———- ———- ———-
6,635,435 3,822,769 11,527,868 6,964,336
Finance cost 242,041  230,213 471,309 493,721
Other expenses 614,568 310,959 1,121,439 629,997
———- ———- ———- ———-
5,778,826 3,281,597 9,935,120 5,840,618
Other income 919,139 262,667 2,881,869 1,524,733
———- ———- ———- ———-
Net Profit Before Taxation 6,697,965 3,544,264 12,816,989 7,365,351
Provision for taxation 2,618,000 1,172,000 4,628,179 2,264,000
———- ———- ———- ———-
Net Profit after Taxation 4,079,965 2,372,264 8,188,810 5,101,351
———- ———- ———- ———-
Earnings per share-basic and diluted (Rupees) 4.81 2.80 9.65 6.01

For more information, contact:
Brig Khalid Kibriya (Retired)
Company Secretary
Fauji Fertilizer Company Limited
93, Harley Street – Rawalpindi
Pakistan. P.O. Box: 253
TELEX: 54310 FFCPK
Tel: +9251 9272307-15
Fax: +9251 9272519
Website: www.ffc.com.pk
E-mail: ffcrwp@ffc.com.pk

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