Sitara Peroxide reports profit

KARACHI: Sitara Peroxide Ltd has posted a profit after tax of Rs166.251 million for the year ending June 30, 2011 compared a loss of Rs179.145 million last year.

According to the financial results despatched by the chemical company to KSE here Tuesday, the pre-tax profit stood at Rs179.434 million during the period under review as against a pre-tax loss of Rs272.887 million in 2010.

The earning per share reached Rs3.02 in 2011 against a loss per share of Rs3.25 last year.

Copyright AFP (Agence France-Presse), 2011