Karachi, National Foods Limited informed Pakistan Stock Exchange that the Board of Directors of the Company recommended a cash dividend of 80% at the rate of Rs. 4/- per share out of current profits for the year ended June 30, 2021 and such dividend be paid to those persons whose names stand in the register of members as October 07, 2021.
National Foods Limited was incorporated in Pakistan on 19 February 1970 as a private limited company and subsequently converted into a public limited company. The parent entity of the Company is Associated Textile Consultants (Private) Limited. The Company is principally engaged in the manufacture and sale of convenience based food products.
The total number of shares are 186,492,343. The Earnings per shares of the Company is 7.40 in 2020 which was 7.31 in 2019. The Profit after Taxation is 1,104,502,000 in 2020 which was 1,090,862,000 in 2019.