The Fauji Fertiliser Company Limited (FFC) has announced the final cash dividend at Rs 3.90 per share ie 39 percent for the year ending on December 31, 2006. This was recommended by the board of directors of the company in a meeting held on Friday.
In the announcement issued to the Karachi Stock Exchange (KSE) the company said that its profit before taxation stood at Rs 6.985 billion in the year 2006, as compared to Rs 7.214 billion in the year 2005, while profit after taxation was Rs 4.636 billion in the said period against Rs 4.897 billion during previous year, registering earning per share (EPS) at Rs 9.39 in 2006 versus Rs 9.92 in 2005.
The net sales of the company were Rs 29.950 billion in the period under review against Rs 25.481 billion a year earlier. Final dividend if approved by the shareholders will be paid/issued to the shareholders whose names appear in the register of the members on February 22, 2007. The share transfer books of the company will be closed from February 22, 2007, to February 28, 2007, (both days inclusive).