Financial results of Fauji Cement Company Limited for Year ended June 30, 2021

Karachi, Fauji Cement Company Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on September 06, 2021.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 3,471,351 with earnings per share 2.52 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 14, 2021 to October 20, 2021 (both days inclusive).

Plant of Fauji Cement Company Limited (FCCL) is located at Jhang Bahtar, District Attock near Islamabad. The Company is one of the leading producer of a wide range of quality cement including ordinary Portland cement and other special cement in Pakistan.

The Company was incorporated on November 23, 1992, as a public limited company. The Company started its operations in 1997 with the production capacity of 3700 tons per day (TPD), which was enhanced to over 11000 TPD, with addition of second production Line in 2011. The total production capacity is 3.5 million tons of cement.

The Shares of the Company are 1,379,815,025. Earnings per shares of the Company is (0.04) in 2020 which was 2.05 in 2019. The Profit after Taxation was (59,381,000) in 2020 which was 2,824,298,000 in 2019.