PICT declares 40 percent dividend

KARACHI: Pakistan International Container Terminal Ltd (PICTL) has posted a higher profit after tax of Rs1.262 billion for the year ending June 30, 2011 and declared a final dividend of Rs4 per share on ordinary shares and Rs1 per share on preference share.

According to the financial results, the pre-tax profit of the company has surged to Rs2.136 billion during the period under review against Rs1.510 billion in 2010.

The earning per share has improved to Rs11.40 compared to Rs8.06 last year.

Copyright APP (Associated Press of Pakistan), 2011