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Markets

ICI declares 35 percent dividend

Published August 29, 2012 Updated August 29, 2012 07:47am

kse-wealthKARACHI: ICI Pakistan Ltd has posted a lower profit after tax of Rs 462.231 million for the 2nd half ending June 30, 2012 over last year and declared an interim dividend at Rs 3.50 per share.

According to ICI here Wednesday, the earnings per share for the half year also dropped to Rs 5 compared to Rs 5.45 per share in the same period last year.

The profit before tax has also declined to Rs 710.804 million as against Rs 1.158 billion in the corresponding period last year.

Copyright APP (Associated Press of Pakistan), 2012

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