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The profit after tax of Fatima Fertilizer Company has surged to Rs 3,395.250 million in the quarter ended September 30, 2016 as compared to Rs 611.747 million earned in the corresponding period in 2015. The board of directors of the company in its meeting declared that the company's earning per share has increased to Rs 1.62 in the period under review against Rs 0.29 in the same period last year.
According to the financial results, the company's sales increased to Rs 10.132 billion in this quarter against Rs 3.045 billion in the same quarter last year while cost of sales surged to Rs 4.497 billion against Rs 1.215 billion. The company's profit before taxation increased to Rs 3,964.930 million in this quarter against Rs 893.840 million in the same quarter last year.

Copyright Business Recorder, 2016

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