Karachi, Fauji Fertilizer Company Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on January 30, 2018.
The agenda of the meeting was discussion of consolidated profit and loss account for year ended December 31, 2017 which portrayed a profit of Rs. 11,495,900 with loss per share 9.04 basic and diluted respectively.
Further, 30% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from March07, 2018 to March 13, 2018 (both days inclusive).
Fauji Fertilizer Company Limited is a public company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, purchasing and marketing of fertilizers and chemicals, including investment in other fertilizer, chemical, other manufacturing, and energy generation and banking operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Rawalpindi and it is domiciled there.
Associated companies of the group are FFC Energy Limited, Fauji Fertilizer Bin Qasim Limited, Askari Bank Limited and Al-Hamd Foods Limited.
The symbol “FFC” is being used by the stock exchanges for the shares of Fauji Fertilizer Company Limited.