Fauji Fertilizer Company Limited (FFC) has announced an impressive 80% increase in profit for the calendar year 2024, reporting a consolidated profit after tax (PAT) of Rs. 85.5 billion, compared to Rs. 47.4 billion in the previous year. The company’s strong financial performance has been attributed to record investments, increased dividends, and the contribution of FFBL Plant Site Bin Qasim.

Strong Financial Performance in 2024

FFC reported a 127% increase in net sales, reaching Rs. 411 billion in 2024. The company’s gross margins stood at 34.9%, reflecting its strong operational performance.

In addition to strong revenue growth, other income surged by 65% to Rs. 27 billion, while the company’s finance cost rose to Rs. 7.85 billion during the period.

Dividend Announcement and Earnings Per Share

FFC has announced a final cash dividend of Rs. 21 per share (210%), in addition to the interim dividends already paid at Rs. 15.5 per share (155%). Following the merger adjustments, the revised interim dividend stands at Rs. 13.86 per share (138.6%).

The company’s earnings per share (EPS) reached Rs. 60.10 for the year, further solidifying its strong financial standing.

Tax Contributions and Stock Market Performance

FFC also made a significant contribution to the national economy by paying Rs. 55 billion in taxes during 2024.

On the Pakistan Stock Exchange (PSX), FFC’s stock was trading at Rs. 390.96, down 1.93% (Rs. 7.71) with a turnover of 7.89 million shares at the time of reporting.

Future Outlook

With record-breaking profits, strong sales growth, and strategic investments, FFC remains a leading player in Pakistan’s fertilizer sector. Its robust financial performance and commitment to shareholder returns position the company for continued growth in the coming years.

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