Financial results of Fauji Fertilizer Bin Qasim Limited for Quarter ended June 30, 2019.

Karachi: Fauji Fertilizer Bin Qasim Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 26, 2019.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2019 which portrayed a loss of Rs. 83,866 with loss per share 0.09 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Fauji Fertilizer Bin Qasim Limited is a public limited company incorporated in Pakistan. The foundation of the company is laid under the Companies Ordinance, 1984. The principal objective of the company is manufacturing, purchasing and marketing of fertilizers. The company commenced its commercial production effective January 1, 2000. The company is a subsidiary of Fauji Fertilizer Company Limited with shareholding of 50.88%. The stocks of...