Fauji Fertiliser Company has achieved net profit after tax of Rs16.766 billion, with EPS of Rs13.18 and paying out dividend of Rs11.86 per share. The FFC has created two new benchmarks in terms of highest-ever sales revenue of Rs86.321 billion (including DAP subsidy), besides record investment income of Rs1.985 billion, despite GIDC payment obligation. The company also achieved second highest urea production ever of 2.469 million tonnes.
It was disclosed in the 38th Annual General Meeting of Fauji Fertiliser Company Limited (FFC) was held at Sona Tower, Rawalpindi. Lieutenant General Khalid Nawaz Khan, HI (M), Sitara-e-Esar, (retired), the chairman of FFC, while addressing the shareholders, apprised that FFC during the year 2015 surpassed all the budgeted targets in terms of production, sales, revenues, investment income and profitability margins, despite incremental levies and adverse market conditions. The chairman thanked shareholders for their confidence in the company and management. He assured them that FFC will remain committed to achieving higher standards of performance to protect shareholders' interests.-PR
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