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FFC announces annual results

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Staff Reporter

Rawalpindi

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year 2019 with net profitably of Rs 17.11 billion translating into EPS of Rs 13.45 which was 19% higher than last year. The company also declared final dividend of Rs 3.25 per share for the quarter, with aggregate distribution of Rs 10.80 per share for the year 2019. The Company attained urea production of 2,492 thousand tonnes while the aggregate sales revenue for the year was Rs. 105.78 billion. Despite significant increase in input costs besides macroeconomic challenges, the Company has maintained its sales revenue through aggressive management efforts while also continuing austerity drive to sustain profitability margins.

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