BR Research

Engros loss is FFCs gain

Published November 1, 2011 Updated November 1, 2011 12:00am

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Fauji Fertilizer Company
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Rs (mn)            9MCY11   9MCY10    chg     3QC11   3QC10    chg
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Sales             38,532   28,505     35%   14,311   8,559     67%
Cost of sales     16,539   15,788      5%    6,012   4,675     29%
Gross profit      21,993   12,718     73%    8,299   3,884    114%
Gross margin          57%      45%    28%       58%     45%    28%
Other income       4,393    2,240     96%    1,511     716    111%
Finance cost         603      838    -28%      131     344    -62%
PAT               13,835    7,021     97%    5,646   1,920    194%
EPS (Rs)           16.31     8.28             6.66    2.26
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Source: KSE notice