FFC reports skyrocket earnings
1/30/2012 12:12:50 PM
KARACHI: The net earnings of Fauji Fertilizer Company (FFC) shoot up by massive 100 percent despite gas shortages to Rs 22,492.05 million during the financial year 2011 against Rs 11,028.84 million recorded in the same period last year amid elevated urea prices in the country.
The phenomenal financial performance of the company is attributed to persistent rise in fertilizer prices announced by the FFC during the year despite improved flow of gas supply on MARI network.
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