FFBL announces 35 percent cash dividend

KARACHI: Fauji Fertilizer Bin Qasim (FFBL) has posted a record profit after tax of Rs 10.767 billion for the year ending December 31, 2011 and declared a cash dividend of Rs 3.5 per share.

According to financial results of the company despatched to Karachi Stock Exchange here Thursday, the pre-tax profit also surged to Rs 16.169 billion as against Rs 9.685 billion last year.

The earning per share also jumped to Rs 11.53 during the period under review compared to Rs 6.97 over last year.