Wyeth Pak declares 400 percent dividend

KARACHI: Wyeth Pakistan has posted a record profit after tax of Rs 175.320 million for the year ending December 31, 2011 and declared a cash dividend of Rs 40 per share.

According to financial results of the company despatched to Karachi Stock Exchange on Tuesday, the pre-tax profit surged to Rs 298.632 million for the period under review as against Rs 43.229 in 2010.

The earning per share stood at Rs 123.33 in 2011 compared to Rs 18.61 last year.