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SSGC declares 25% cash dividend, 5% bonus
KARACHI : Sui Southern Gas Company (SSGC) has earned a net profit of Rs. 4,724 million for financial year 2010-11 as com
KARACHI: Sui Southern Gas Company (SSGC) has earned a net profit of Rs. 4,724 million for financial year 2010-11 as compared to Rs. 4,399 million during the last corresponding period. In addition, the Company's earnings-per-share for the period under review increased to Rs. 5.63 from Rs. 5.24 in FY 2009-10.
The Board of Directors of SSGC, in its meeting held on 29 September 2011, approved the final accounts for the year ended 30 June 2011 and proposed a 25% cash dividend for its shareholders; in addition, 5% bonus shares was also declared by the Board.
Copyright Business Recorder, 2011
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