Fauji Fertilizer Co. Ltd. Reports Consolidated and Parent Earnings Results for the Year Ended December 31, 2015; Approves Dividend for the Year Ended December 31, 2015
For the year, on parent basis, the company reported sales of PKR 84,831,024,000 against PKR 81,240,187,000 a year ago. Net profit before taxation was PKR 24,502,869,000 against PKR 26,240,760,000 a year ago. Net profit after taxation was PKR 16,765,869,000 against PKR 18,170,760,000 a year ago. Basic and diluted earnings per share were PKR 13.18 against PKR 14.28 a year ago.
The board of directors of the company in their meeting held on January 27, 2016, at the meeting the board approved the final cash dividend for the year ended December 31, 2015 at PKR 3.42 per share i.e. 34.20%. This is in addition to interim dividend already paid at PKR 8.44 per share i.e. 84.40%. The above entitlement will be paid to the shareholders whose names appear in the register of members on March 10, 2016.