Nishat Mills posts Rs5.9bn profit

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KARACHI: Nishat Mills Ltd (NML) posted a profit-after-tax (PAT) of Rs5.92 billion translating into earnings per share (EPS) at Rs16.84 for the year ended June 30, 2021, growth of 68pc from PAT at Rs3.51bn and EPS at Rs9.97 the previous year.

The board recommended a cash dividend of Rs4 per share.

Agha Steel income surges

Agha Steel Industries declared PAT at Rs2.03bn and EPS at Rs3.53 for the FY21 which represented a rise of 64pc from PAT at Rs1.24bn and EPS Rs2.14 in the previous year.

The company skipped a cash dividend, but announced bonus shares at 5pc for the year.

Published in Dawn, September 21st, 2021

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