Karachi, Wah Noble Chemicals Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 10 per share, i.e. 100% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 10, 2021.

Wah Nobel Chemicals Limited was incorporated in Pakistan on May 31, 1983 as a public limited company. The principal activity of the Company is to manufacture Urea Formaldehyde Moldings Compound, Formaldehyde and Formaldehyde based liquid resins for use as bonding agent in the chip board, plywood and flush door manufacturing industries.

Wah Nobel is a joint venture between the Wah Industries Limited, Saab (Sweden) and Almisehal Co (Saudi Arabia). Wah Nobel Group is a multinational group with six companies on its orbit. Wah Nobel operates as a Commercial Subsidiary of POF on commercial frequency and wavelength.

The total number of shares of the Company are 9,000,000. The Earnings per shares are 14.48 in 2020 which was 19.61 in 2019. The Profit after Taxation of the Company is 130,307,000 in 2020 which was 176,492,000 in 2019.