Karachi: Atlas Battery Limited has announced the results for the annual year that lasted till June 30, 2012, on Monday, relocating profit after tax (PAT) at Rs486 million, up from Rs355 million the previous year. This year the sales of Atlas battery rose to Rs7.2 billion, from Rs5.9 billion the previous year.
However, the thing that boosted investor feelings was a surprise announcement by the Board of a heavy cash bonus at 100 per cent (Rs10 for par value of Rs10 per share) attached to a stock bonus at 20 per cent (one-for-five).
Meanwhile, Habib-ADM Limited announced cash dividend at 80 per cent, which is Rs4 for every shares of Rs5 each. Net profit for the half year ended June 30, 2012 amounted to Rs205 billion up from Rs117 billion in the equivalent previous year.
Packages Limited posted PAT at Rs272 million for the six months ended June 30, 2012. It overturned the loss of Rs209 million in the same period of the previous year. Its Net sales were up to Rs10.1 billion, a little higher from Rs10 billion in the six months of 2011.