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Fatima Fertiliser posts Rs 2,593.766 million profit




  • Fatima Fertiliser 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. The company’s profit before taxation stood at Rs 3,991.009 million in the first half of 2012 against before tax loss of Rs 69.449 million in the same period last year. 

    On quarterly basis, the company posted Rs 2,156.153 million as profit after tax translating earning per share of Rs 1.05 in the quarter ended June 30, 2012 as compared to after tax loss of Rs 74.439 million with per share loss of Re 0.04 in the same quarter in 2011. 

    Copyright Business Recorder, 2012

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