KAPCO declares 31.5 percent dividend

KARACHI: Kot Addu Power Company (KAPCO) has posted a lower profit after tax of Rs 6.071 billion for the year ending June 30, 2012 and announced a final cash dividend of Rs 3.15 per share.

According to the financial results of the bank despatched to Karachi Stock Exchange here Wednesday, the profit before tax dropped to Rs 8.635 billion due to higher financial cost as against Rs 9.907 billion in 2011.

The earning per share (EPS) of the company slipped to Rs 6.90 during the period under review compared to Rs 7.41 same period last year.