Fauji Foods Limited (FFL) reported a substantial profit after tax of Rs223.7 million for the third quarter of 2024, showing an impressive 478% increase compared to Rs39 million in the same period last year. This significant growth is the result of strategies that focus on increasing profit margins, reducing costs, and improving the company’s overall performance.
One of the major contributors to this success was the strong performance of Nurpur UHT milk, which saw a 47% increase in revenue over the first nine months of 2024. This helped drive the company’s financial results. Additionally, FFL’s gross margins improved from 11.9% to 14.8%, indicating better operational efficiencies and cost management.
As the company continues to invest in its brands, it is also planning to launch a new pasta product. With these efforts, FFL remains on track to achieve its long-term goal of becoming a Rs100 billion business in the future.
