Karachi: 1. We have to inform you that the Board of Directors of our Company in their Meeting held on Saturday, October 29, 2011 at 1000 hours at Mexico City, Mexico recommended Third Interim Cash Dividend for the quarter ended September 30, 2011 @ Rs. 5.50 per share i.e. 55%. This is in addition to first interim and second interim dividends already paid at Rs. 4.50 per share i.e. 45% and Rs. 4.75 per share i.e. 47.50% respectively.
The Financial Results of the Company are attached as Annexure A’.
3. Book Closure.
The Share Transfer Books of the Company will be dosed from November 21, 2011 to November 27, 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 November 20, 2011 will be treated in time for the purpose of payment of Third Interim Cash Dividend to the transferees.
FAUJI FERTILIZER COMPANY LIMITED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE PERIOD ENDED SEPTEMBER 30, 2011
For the quarter ended |
For the period ended |
|||
September 30, |
September 30, |
September 30, |
September 30, |
|
2011 |
2010 |
2011 |
2010 |
|
(Rupees `000) |
(Rupees `000) |
|||
Sales | 14,311,393 | 8,558,848 | 38,532,072 | 28,505,471 |
Cost of sales | 6,012,196 | 4,674,611 | 16,539,446 | 15,787,685 |
———- | ———- | ———- | ———- | |
GROSS PROFIT | 8,299,197 | 3,884,237 | 21,992,626 | 12,717,786 |
Distribution cost | 1,087,520 | 1,000,263 | 3,253,082 | 2,869,476 |
———- | ———- | ———- | ——— | |
7,211,677 | 2,883,974 | 18,739,544 | 9,848,310 | |
Finance cost | 131,203 | 343,912 | 602,512 | 837,633 |
Other expenses | 670,052 | 345,025 | 1,791,491 | 975,022 |
———- | ———- | ———- | ———- | |
6,410,422 | 2,195,037 | 16,345,541 | 8,035,655 | |
Other income | 1,510,703 | 715,587 | 4,392,572 | 2,240,320 |
———- | ———- | ———- | ———- | |
NET PROFIT BEFORE TAXATION | 7,921,125 | 2,910,624 | 20,733,113 | 10,275,975 |
Provision for taxation | 2,275,000 | 991,000 | 6,903,179 | 3,255,000 |
———- | ———- | ———- | ———- | |
NET PROFIT AFTER TAXATION | 5,646,125 | 1,919,624 | 13,834,934 | 7,020,975 |
——— | ——— | ———- | ——— | |
Earnings per share – basic and diluted (Rupees) | 6.66 | 2.26 | 16.31 | 8.28 |
For more information, contact:
Fauji Fertilizer Company Limited
93-Harley Street, Rawalpindi-Pakistan
P.O. Box: 253
TELEX: 54310 FFCPK
Tel: (051) 9272307-15, 9272318-19, 9272328
Fax: (051) 9272581, 9272519, 9272316
Website: www.ffc.com.pk
E-mail: ffcrwp@ffc.com.pk