Fatima Fertilizer : Financial Results for the Half Year Ended June 30, 2023
August 28, 2023 at 06:01 am EDT
Share
August 28, 2023
FATIMA/PSX/23/A-027
The General Manager
Executive Director/HOD,
Pakistan Stock Exchange Limited
Offsite-II Department,
Stock Exchange Building
Supervision Division,
Stock Exchange Road
SECP, Blue Area
Karachi.
Islamabad.
Sub: Financial Results for the Half Year Ended June 30, 2023
Dear Sir,
We have to inform you that the Board of Directors of our Company in their meeting held electronically on Monday August 28, 2023 at 11:00 a.m., recommended the following:
Cash Dividend
An Interim Cash Dividend for the half year ended June 30, 2023 at Rs. 1.75 per share i.e. 17.5%. This is in addition to interim Dividend already paid at Rs. Nil per share i.e. Nil %.
ii.
Bonus Shares
NIL
iii.
Right Shares
NIL
iv.
Any other entitlement / Corporate action
NIL
v.
Any other price sensitive information
NIL
The Financial Results of the Company (both standalone and consolidated Profit and Loss Account) for the period ended June 30, 2023 are attached.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on September 07, 2023.
The Share Transfer Books of the Company will be closed from September 08, 2023 to September 12, 2023 (both days inclusive). Transfers received at the office of our Shares Registrar, CDC Share Registrar Services Limited, CDC House, 99 - B, Block 'B', S.M.C.H.S., Main Shahra-e-Faisal, Karachi- 74400, at the close of business on September 07, 2023 will be treated in time for the purpose of above entitlement to the transferees.
The Quarterly Report of the Company for the period ended June 30, 2023 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerely,
Anil Zia
Deputy Company Secretary
Encl: as above
Plant Site: Mukhtar Garh, Sadiqabad,
District Rahim Var Khan, Pakistan. PABX: +92 68 5786960, Fax: +92 68 5786909
Head Office: E-110,Khayaban-e-Jinnah, Lahore Cantt.,
Fatima Fertilizer Company Ltd. published this content on 28 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2023 10:00:02 UTC.
Fatima Fertilizer Company Limited is a Pakistan-based fertilizer manufacturing company. The Company is engaged in manufacturing, producing, buying, selling, importing, and exporting fertilizers and chemicals, such as nitrogen, phosphate and potash fertilizers. It produces a range of fertilizers, including Sarsabz Calcium Ammonium Nitrate (CAN), Sarsabz Nitro Phosphate (NP), Nitrogen Phosphorous Potassium (NPK) and Sarsabz Urea. Its CAN is a granulated nitrogenous fertilizer. Sarsabz Urea can be applied in various forms, and it can be spread in bulk alone or can also be mixed with other fertilizers before application. Its NP can be applied on various types of soils. The Company has a production base for nitric acid, which has production capacity of over 500,000 million tons per annum (MTPA). The Company manufactures approximately 500,000 MTPA of urea; approximately 420,000 MTPA of CAN; over 360,000 MTPA of NP, and approximately 500,000 MTPA of Ammonia.