Atlas Battery declares 100pc dividend, 20pc bonus

KARACHI: Atlas Battery Ltd has posted a record profit after tax of Rs 354.502 million for the year ending June 30, 2011 and declared a cash dividend of Rs 10 per share and 20 % bonus share.

According to financial results reaching Karachi Stock Exchange, the pre-tax profit of the company also surged to Rs 525.616 million compared to Rs 341.289 million in 2010.

The earning per share climbed to Rs 35.21 as against Rs 22.10 during the same period last year.

Copyright APP (Associated Press of Pakistan), 2011