Financial results of Fauji Foods Limited for Year ended December 31, 2017

Financial Results

Karachi, Fauji Foods Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on January 25, 2018.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2017 which portrayed a loss of Rs. 2,288,261,859 with loss per share 9.22 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 March20, 2018 to March 26, 2018 (both days inclusive).
Fauji Foods Limited (Formerly Noon Pakistan Limited) was incorporated in Pakistan on 26 September, 1966 as a Public Limited Company and its shares are quoted on Pakistan Stock Exchange Limited. In the private sector, Fauji Foods Limited (Formerly Noon Pakistan Limited) is the first Company in Pakistan to operate a Spray Dryer for processing of milk powder.

The symbol “FFL” is being used by the stock exchanges for the Fauji Foods Limited.