The profit after tax of Amtex Limited has declined to Rs 730.512 million in the year ended June 30, 2010 (FY10 as compared to Rs 920.862 million earned in FY09. The company's earning per share declined to Rs 3.74 in the period under review against Rs 5.19 in the same period a year back.
The board of directors of the company in its meeting held on Wednesday recommended a final cash dividend for the year at Rs 3.00 per share ie 30 percent. According to the financial results sent to Karachi Stock Exchange (KSE), the company's sales declined to Rs 11.066 billion in FY10 against Rs 14.119 billion in FY09. The cost of sales reduced to Rs 8.119 billion against Rs 10.731 billion. The company's profit before taxation declined to Rs 833.807 million in FY10 against Rs 1,055.162 million in FY09.
Comments
Comments are closed.