The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 8.823 billion in the year ended December 31, 2009 as compared to Rs 6.525 billion earned in the corresponding period in 2008. The earning per share of the company increased to Rs 13.00 in the period under review against Rs 9.62 recorded in the same period a year back.
The board of directors of the company in its meeting held on Thursday recommended final cash dividend for the year at Rs 3.25 per share, ie 32.5 percent. According to the financial results, the company's sales increased to Rs 36.163 billion in 2009 against Rs 30.592 billion in 2008. The cost of sales surged to Rs 20.515 billion in this period against Rs 18.234 billion recorded in the previous year. The company's profit before taxation increased to Rs 13.057 billion in the year 2009 against Rs 10.041 billion in 2008.