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The profit after tax of Javed Omer Vohra & Company Limited has increased to Rs 1.088 billion, translating an earning per share of Rs 32.97 in the year ended on June 30, as compared to Rs 1.070 billion PAT and Rs 32.45 EPS in the corresponding period last year.
The board of directors of the company has recommended cash dividend for the year at Rs 1.25 per share, ie 12.50 percent. The board also recommended to issue bonus shares in the proportion of four shares for every 10 shares, ie 40 percent. This is in addition to the interim bonus shares already issued at 10 percent.
The Karachi Stock Exchange (KSE) was informed that the brokerage revenue of the company declined to Rs 10.971 million during the period under review against Rs 14.955 million in the same period last year, while the dividend income of the company slightly increased to Rs 14.489 million in this period against Rs 24.070 million previously. The company's profit before tax increased to Rs 1.109 million in 2007 financial year as compared to Rs 1.062 million in 2006 financial year.

Copyright Business Recorder, 2007

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