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PPPC declares 40 percent dividend

KARACHI : Pakistan Paper Product Co. Ltd (PPPC) has posted a higher profit after tax of Rs40.876 million during the year
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By Imad Uddin
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KARACHI: Pakistan Paper Product Co. Ltd (PPPC) has posted a higher profit after tax of Rs40.876 million during the year ending June 30, 2011 and declared a dividend of Rs4 per share.

According to results sent to Karachi Stock Exchange (KSE) here Monday, the company earned a profit before tax of Rs62.554 million for the period under review against Rs52.020 million in 2010.

The earning per share also improved to Rs8.18 this year compared to Rs7.21 last year.

 

Copyright APP (Associated Press of Pakistan), 2011

 

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