Descon Oxychem Announces Progressive Dividend Increase

Karachi, (PPI Bot): Descon Oxychem Ltd. (DOL) has indicated a positive trend in dividend payouts, escalating from 10% in 2021 to 40% in 2023. The company's shares traded at PKR 24.80 today, up from its daily weighted average of PKR 24.98. With a turnover of 117,023,000, Descon Oxychem has shown a modest earnings per share increase to PKR 1.59, suggesting a stable financial performance amid market fluctuations.