ISLAMABAD: The Fauji Fertilizer Company Limited has announced first quarterly results for the year 2018, creating a new first quarterly benchmark in terms of record all products revenue of Rs 21.67 billion. The company attained Sona Urea sales of 573 thousand tonnes during the quarter and dividend income was recorded at Rs 349 million. Consequently, net profit of Rs 2.265 billion was earned translating into an EPS of Rs 1.78. The company also declared dividend of Rs 1.75 per share for the first quarter of 2018. Despite unfavourable market and economic conditions, the management is focused on further cost economization and efficiency enhancements to optimize profitability and returns to its shareholders. Published in Daily Times, April 26th 2018.