BR Research

FFC reaps pricing strategy fruits

Published July 26, 2012 Updated July 26, 2012 12:00am

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Fauji Fertilizer Company
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(Rs mn)            1HCY12   1HCY11    chg   2QCY12   2QCY11    chg
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Sales              36,131   24,221    49%   24,698   13,120    88%
Cost of sales      18,814   10,527    79%   13,139    5,337   146%
Gross profit       17,317   13,693    26%   11,559    7,783    49%
Gross margin          48%      57%   -15%      47%      59%   -21%
Distribution cost   2,632    2,166    22%    1,292    1,148    13%
Other income        2,459    2,882   -15%      319      919   -65%
Finance cost          641      471    36%      363      242    50%
PAT                10,335    8,189    26%    6,460    4,080    58%
EPS (Rs)             8.12     6.44            5.02     3.21
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Source: KSE notice