Engro declares 30pc dividend

Published July 27, 2006

KARACHI, July 26: Engro Chemical Pakistan Limited declared interim cash dividend at Rs3 (30 per cent) along with accounts for the half year ended June 30, 2006.The board of directors meeting on Wednesday reported after-tax profit amounting to Rs945 million, representing earning per share (eps)-basic and diluted- at Rs6.18. The taxed profit increased 30 per cent from the after-tax profit of Rs725 million in the six months (Jan-June) of 2005. The earning per share (eps) in the previous comparable period had amounted to Rs4.74.

Net sales of the company increased by over Rs1 billion to Rs6,934 million for the period under review, from Rs5,928 million during the same time last year.

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