Sitara Chemical Industries Ltd. Announces 80% Dividend Amid Strong Financial Performance

Karachi, Sitara Chemical Industries Ltd. (SITC) has announced an 80% dividend, underlining its strong financial performance for January to February 2024. With a daily weighted average rate of Rs. 258.19, the company, which has been on the Pakistan Stock Exchange since 1987, witnessed a turnover of 939,600 shares. The EPS for the fiscal year 2022/2023 was reported at Rs. 46.35, reflecting significant profitability and efficiency. Sitara Chemical Industries reached a high rate of Rs. 266 and a low rate of Rs. 234, with a paid-up capital of Rs. 214.29 million, showcasing its robust position in the chemical sector.