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Monday, April 15, 2024

FFC announces third quarterly results for year 2021

The company achieved net profit of Rs 15.89 billion translating into an EPS of Rs 12.49 which was 15% higher than the last year.

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the nine months ended September 30, 2021 in its Board of Directors meeting held on October 27, 2021.

The company achieved net profit of Rs 15.89 billion translating into an EPS of Rs 12.49 which was 15% higher than the last year.

The company also declared the third interim dividend of Rs 3.75 per share, with an aggregate distribution of Rs 9.85 per share for the three-quarters of the year 2021.

Read more: FFC Supports Breast Cancer Patients & Illuminates Sona Tower

During the period FFC produced of 1,867 thousand tonnes of Sona Urea and registered aggregate sales revenue of Rs 73.59 billion. Other income of the company also increased due to higher dividend distribution by an associated company.

FFC largest tax payer

Fauji Fertilizer Company (FFC) Limited has been awarded as “Largest Tax Payer from Manufacturing Sector (Nationwide)” in “First Taxpayer Recognition Awards” organized by Rawalpindi Chamber of Commerce & Industry (RCCI) in collaboration with Federal Bureau of Revenue (FBR).

Representatives from the various multinationals and corporate blue chip companies participated in the event. Syed Imran Rizvi, Manager Corporate Affairs & Shares represented FFC and received the award.

The ceremony was held at The Presidencyand President of Pakistan – Mr. Arif Alvi was the Chief Guest. President in his address emphasized on women empowerment and enhancement of disable quota in the industrial sector.