The profit after tax of Kot Addu Power Company Limited (Kapco) increased to Rs 7.966 billion for the year ended on June 30, 2008 as compared to Rs 4.991 billion of 2007. The company's earning per share surged to Rs 9.05 against Rs 5.67. The board of directors of the company in its meeting held on Thursday recommended a final cash dividend at Rs 2.20 per share ie 22 percent.
This is in addition to the interim cash dividend already paid at Rs 3.25 per share ie 32.5 percent. According to the financial results, the company's sales increased to Rs 55.947 billion in this period against Rs 37.086 while cost of sales also increased to Rs 46.600 billion against Rs 28.343 billion. The company's profit before tax was recorded at Rs 8.059 billion against Rs 7.583 billion.
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