Thal Limited’s profit up 87%
Earnings stand at Rs2.8b compared to Rs1.5b earlier
Earnings stand at Rs2.8b compared to Rs1.5b earlier. STOCK IMAGE
KARACHI:
Thal Limited, a subsidiary of the House of Habib, reported an after-tax profit of Rs2.8 billion or Rs30.5 per share in the financial year ended June 30, 2015, up by 87% compared to Rs1.5 billion or Rs15.7 per share in FY14.
The company’s revenues for the year were Rs19 billion, up 33% compared to Rs14 billion in FY14.
The result announcement came with a cash dividend of Rs5 per share, which was in addition to an interim dividend of Rs7.5 per share already paid.
Thal Limited is a group of companies engaged in the manufacture of engineering products, jute products, laminate sheets and paper sacks.
ICI Pakistan
ICI Pakistan reported a net profit of Rs2.3 billion or Rs25 per share for the year ended June 2015, up 24% compared to Rs1.8 billion or Rs20 per share in the previous year. The company’s revenues decreased slightly by 0.25% to Rs42.6 billion compared to Rs42.7 billion in FY14.
The company also announced a cash dividend of Rs6.5 per share for the year, which is in addition to an interim dividend of Rs5 per share already paid.
Published in The Express Tribune, August 28th, 2015.
Thal Limited, a subsidiary of the House of Habib, reported an after-tax profit of Rs2.8 billion or Rs30.5 per share in the financial year ended June 30, 2015, up by 87% compared to Rs1.5 billion or Rs15.7 per share in FY14.
The company’s revenues for the year were Rs19 billion, up 33% compared to Rs14 billion in FY14.
The result announcement came with a cash dividend of Rs5 per share, which was in addition to an interim dividend of Rs7.5 per share already paid.
Thal Limited is a group of companies engaged in the manufacture of engineering products, jute products, laminate sheets and paper sacks.
ICI Pakistan
ICI Pakistan reported a net profit of Rs2.3 billion or Rs25 per share for the year ended June 2015, up 24% compared to Rs1.8 billion or Rs20 per share in the previous year. The company’s revenues decreased slightly by 0.25% to Rs42.6 billion compared to Rs42.7 billion in FY14.
The company also announced a cash dividend of Rs6.5 per share for the year, which is in addition to an interim dividend of Rs5 per share already paid.
Published in The Express Tribune, August 28th, 2015.