PICT profit increases to Rs 2.79 billion

The profit after tax of Pakistan International Container Terminal has increased to Rs 2.797 billion in the year ended December 31, 2017 as compared to Rs 2.748 billion earned in the corresponding period in 2016. The company's earning per share surged to Rs 25.63 in the period under review against Rs 25.18 in the same period a year back. The board of directors of the company in its meeting held on February 23, 2018 recommended a final cash dividend for the year at Rs 6.43 per share ie 64.3 percent. This is in addition to interim dividend (s) already paid at Rs 17.55 per share ie 175.5 percent.