Karachi, In a recent meeting held on July 21, 2023, the Board of Directors of Fauji Foods Limited has recommended no cash dividend, bonus shares, or rights shares for its shareholders. Additionally, there is no other entitlement or corporate action planned at this time, and no other price-sensitive information has been disclosed.

The company's condensed interim statement of profit or loss (unaudited) for the six months ended June 30, 2023, shows a net revenue from contracts with customers amounting to Rs. 9,837,736,143. However, it reported a loss of Rs. 147,311,829 after taxation for the same period. The earnings per share stood at (Rs. 0.07) for the half-year, indicating a challenging financial performance.

Shareholders will closely observe the company's future financial reports and decisions as Fauji Foods Limited navigates through its financial challenges and works towards profitability.