Mari Gas declares 23.68 percent dividend

KARACHI: Mari Gas Company Ltd has posted a higher profit after tax of Rs 1.396 billion for six months ending December 31, 2011 and declared final cash dividend of Rs 2.368 per share.

According to the financial results of the company despatched to Karachi Stock Exchange here Thursday, the pre-tax profit was up at Rs 1.736 billion for the period under review as against Rs 1.207 billion in December 2010.

The earning per share also improved to Rs 2.43 during the period under review compared to Rs 2.07 same period last year.