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Tuesday, November 26, 2024

Home Business FFC announces financial results

FFC announces financial results

by News desk
April 28, 2020
in Business

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Staff Reporter

Islamabad

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the 1st quarter ended March 31, 2020 in its Board of Directors meeting held on Monday. The Company reported net profitability of Rs. 4.26 billion translating into earnings per share of Rs 3.35 for the period. Company achieved first quarter record urea production of 649 thousand tonnes whereas urea offtake was recorded at 586 thousand tonnes. Aggregate all fertilizer revenue stood at Rs 20.67 billion for the period. The Board of Directors has also announced First interim dividend of Rs 2.50 per share.