KARACHI, Oct 23: ICI Pakistan Limited announced the financial results for the quarter and nine months ended on Sept 30, 2008.

The profit-after-tax for the quarter ended on Sept 2008 was Rs527.2 million compared to Rs437.4 million for the same quarter last year. For the nine months ended on Sept 30, 2008, the profit-after-tax at Rs1,511.5 million remained 28 per cent higher than the same period last year.

Earnings per share for the quarter and nine months ended on Sept 30, 2008 were Rs3.80 per share and Rs10.89 per share, an increase of 21 per cent and 28 per cent, respectively, over the same period last year. The results are evidence of the resilience of the company and it’s strong balance sheet, performing well under difficult business conditions, says a press release.