Sitara Chemical Industries Ltd. Achieves High Earnings and Dividend Rates

Karachi, Sitara Chemical Industries Ltd. (SITC) saw its shares actively traded, with 1,079,607 shares changing hands, reaching a high of Rs. 270 and closing at Rs. 280.53.

According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical distributed an 80% dividend in 2022, and raised it to 100% in 2023. Listed since 1987, the company reported an impressive earnings per share of Rs. 46.35 from January to April 2024, indicating strong financial performance.