Sitara Chemical Industries Limited has posted Rs 373.039 million as profit after tax, translating an earning per share of Rs 20.11 in the year ending June 30 as compared to Rs 266.512 million PAT and Rs 14.36 EPS in the corresponding period in 2006 financial year.
The board of directors of the company, in its meeting, approved final cash dividend for the year at Rs 5.50 per share, ie 55 percent. The board also approved bonus shares in the proportion of one share for every 10 shares, ie 10 percent.
The Karachi Stock Exchange (KSE) was informed that the total sales of the company increased to Rs 4,374.051 million in the period under review against Rs 3,811.890 million in the same period last year. The company's profit before tax stood at Rs 536.915 million in this period against Rs 358.221 million previously.