Al-Ghazi Tractors declares 300pc dividend

KARACHI: Al-Ghazi Tractors Ltd has posted a higher profit after tax of Rs 1.916 billion for the year ending December 31, 2012 and declared a final cash dividend of Rs 15 per share.

According to information reaching Karachi Stock Exchange here on Thursday, the pre-tax profit of the company also jumped to Rs 2.873 billion during the period under review compared to Rs 2.062 billion in 2011.

The earning per share also climbed to Rs 44.64 compared to Rs 31.65 last year.