FFC Announces Financial Results.
ISLAMABAD -- Fauji Fertilizer Company Limited (FFC) announced its half yearly financial results for the period ended June 30, 2022 in its Board of Directors' meeting held on Thursday.
FFC attained urea production of 1,276 thousand tonnes, 4% higher than last year mainly because of deferment of plant turnaround to H2. Company also achieved benchmark sona urea offtake of 1,275 thousand tonnes for the period. Increased urea sales combined with higher prices of imported fertilizers also led to highest ever all product revenue of Rs 54.71 billion during the period. The increase in investment income combined with higher dividend payout by associated companies contributed towards improved other income of Rs 7.41 billion. The profit before tax at Rs 18.82 billion was negatively affected by the double digit increase...
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