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FFC attains 1900 thousand tons urea production,  1838 thousand tons off-take mark

The company earns Rss 13.76 billion profit, shows 10 percent increase

ISLAMABAD: In a board of directors meeting of  Fauji Fertilizer Company Limited (FFC), the board announced results for the nine months period ended September 30, 2020. The 202th board meeting was held on October 28, 2020.

The company achieved profitability of Rs 13.76 billion, showing 10 percent increase.

During the period, the company achieved Sona Urea production of 1,900 thousand tonnes whereas offtake was recorded at 1,838 thousand tonnes. Aggregate all fertilizer revenue stood at Rs 68.42 billion for the period.

The company achieved net profitability of Rs 13.76 billion translating into earnings per share (EPS) of Rs 10.82.

The board announced third interim dividend of Rs 2.55 per share, with an aggregate distribution of Rs 7.80 per share during the three quarters of the year 2020.

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