The post-tax profit of Fauji Fertiliser Company Limited (FFC) has reached Rs 2.037 billion in the quarter ended on September 30, 2008 as compared to Rs 1.465 billion in the corresponding period an year ago. The company's earning per share has increased to Rs 4.13 in the period under review in comparison to Rs 2.97 earned in the same period last year.
The board of directors of the FFC in its meeting on Wednesday recommended third interim cash dividend for the quarter at Rs 4.00 per share that stands 40 percent. This is in addition to the first interim dividend while the second interim dividend is already paid at Rs 3.50 per share reaching 35 percent and Rs 3.00 per share ie 30 percent respectively.
According to the financial results, the FFC's sales have increased to Rs 9.354 billion in this period against Rs 8.142 billion in the same period last year. The cost of sales stood at Rs 5.518 billion against Rs 5.329 billion. Further, the company's profit before tax was recorded at Rs 3.220 billion in this quarter against last year's Rs 2.198 billion in the same quarter.
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