Payout: SSGC declares 25% dividend, 5% bonus

SSGC has earned a net profit of Rs4.72 billion in financial year 2010-11 as compared to Rs4.40 billion in the previous

KARACHI: Sui Southern Gas Company (SSGC) has said that it has earned a net profit of Rs4.72 billion in financial year 2010-11 as compared to Rs4.40 billion in the previous year. In a press release, Sui Southern Gas Company said its earnings per share for the period increased to Rs5.63 from Rs5.24 in 2009-10. The board of directors, in a meeting held on Thursday, approved final accounts for the year ended June 30, 2011 and proposed a 25 per cent cash dividend for its shareholders. It also declared five per cent bonus shares.

Published in The Express Tribune, September 30^th, 2011.