Fauji Fertilizer Company Limited’s financial result for the quarter ended September 30, 2011

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