The profit after tax of ICI Pakistan Limited has increased to Rs 740.900 million, translating an earning per share of Rs 5.34 in the half year period, ending June 30 as compared to Rs 583.902 million PAT and Rs 4.21 EPS in the corresponding period in 2006.
The board of directors of the company, in its meeting held on Thursday, approved an interim dividend in respect of the financial year ending December 31, 2007 at the rate of 25 percent, ie Rs 2.50 per share of Rs 10 each on the issue and paid up share capital of Rs 1,388.023 million to be payable to the members, whose names appear in the register of members on September 20.
The Karachi Stock Exchange (KSE) was informed by the company that its net sales and commission income increased to Rs 10,490.874 million in the period under review against Rs 9,421.949 million earned in the same period last year. The company's profit before tax stood at Rs 1,125.837 million in this period against Rs 967.178 million previously.
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