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ICI Pakistan announces sterling results
Earnings per share up by 33%
Karachi, 21st August, 2008: ICI Pakistan Limited announced the financial results for the Quarter and Half Year ended 30 June 2008 with profit after tax for Half Year at Rs. 984 million registering an impressive growth of 33% over corresponding 2007 figures.
Earnings per share for the Quarter and the Half Year ended 30 June 2008 are up by 35% and 33% respectively. The Board approved an interim dividend at the rate of 25%.
Despite increasingly difficult business environment net sales income for Half Year ended 30 June 2008 at Rs. 14.1 billion registered a strong growth of 34% compared to 2007 figures through a combination of higher volume, better pricing and launch of new products.
Contact information:
Fathema Zuberi, Manager Corporate Communications & Public Affairs
Dir (021) 2313524, (021) 2318147