FFBL rides on high margins

27 Jan, 2012

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Fauji Fertilizer Bin Qasim
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(Rs mn)              CY11      CY10     chg
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Sales             55,869    43,257      29%
Cost of sales     35,753    29,794      20%
Gross profit      20,116    13,463      49%
Gross margin          36%       31%
Finance cost       1,088       934      16%
JV profits           241       121      99%
Other income       1,410     1,033      36%
PAT               10,767     6,514      65%
EPS (Rs)           11.53      6.97
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Source: KSE notice

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