Gul Ahmed declare 100pc bonus

KARACHI: Gul Ahmed has posted a record profit after tax of Rs 1.196 billion for the year ending June 30, 2011 and announced a 100 percent bonus share.

According to financial results of the company despatched to Karachi Stock Exchange here Monday, the pre-tax profit also surged to Rs 1.537 billion for the period under review as against Rs 708.227 million in 2010.

The earning per share jumped to Rs 18.85 compared to Rs 7.52 last year.