Abbott Labs declares 30pc dividend

KARACHI: Abbott Laboratories Ltd posted a record profit after tax of Rs 1.176 billion for 13 months ending December 31, 2010 and declared a final cash dividend of Rs 3 per share.

According to financial results of the pharmaceutical company despatched to Karachi Stock Exchange here on Tuesday, the profit before tax has surged to Rs 1.741 billion as earning per share also improved to Rs 12.02 compared to Rs 6.22 in the same period last year.