Fatima Fertilizer posts profit

Thursday, August 30, 2012 - Karachi—Fatima Fertilizer Company Limited has posted Rs 2,593.766 million as profit after tax in the half year period ended June 30, 2012 as compared to after tax loss of Rs 152.716 million recorded in the corresponding period in 2011. The board of directors of the company in its meeting held on August 27, 2012 at Copenhagen, Denmark declared that the company’s earning per share stood at Rs 1.28 in the period under review against per share loss of Re 0.08 in the same period last year.

According to the financial results sent to Karachi Stock Exchange, the company’s sales stood at Rs 12.608 billion in the first half of 2012 while cost of sales at Rs 4.428 billion.