Financial results of Fauji Foods Limited for period ended June 30, 2016

Karachi, Fauji Foods Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on July 25, 2016.

The agenda of the meeting was discussion of profit and loss account for six months period and quarter ended June 30, 2016 which portrayed a loss of Rs. 435,139,625 and Rs. 246,136,513 with loss per share 4.91 and 2.04 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

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.