ISLAMABAD: Bestway Cement Limited (BCL) has declared a final cash dividend of Rs. 10 per share, equating to a 100% payout for the fiscal year ending June 30, 2026. This announcement, made on July 23, 2026, complements the interim dividend of Rs. 30 per share, or 300%, already distributed. The Board of Directors reached this decision during a meeting held on July 22, 2026, at the company's headquarters in Islamabad.

According to the company's financial results, BCL's net turnover saw a minor move, increasing from Rs. 107.76 billion in 2025 to Rs. 108.28 billion in 2026. Gross profit demonstrated a very large move, declining to Rs. 32.46 billion from Rs. 37.28 billion the previous year. Operating profit similarly decreased from Rs. 31.84 billion to Rs. 26.52 billion, reflecting a significant move.

In a parallel development, the Board of Directors of Bestway Automotive (Private) Limited (BAL), a subsidiary of BCL, has resolved to raise its paid-up capital by issuing 599.99 million right shares to existing shareholders. This decision was made in a meeting conducted earlier on July 22, 2026, indicating a strategic move to address the subsidiary's capital requirements.

According to information available from the Pakistan Stock Exchange (PSX), BCL's profit before tax exhibited a minor move, dipping slightly from Rs. 36.45 billion in 2025 to Rs. 36.38 billion in 2026. However, the profit for the year rose to Rs. 25.76 billion, marking a moderate move from the Rs. 23.86 billion recorded in the previous year. Earnings per share also saw a moderate move, increasing to Rs. 43.20 from Rs. 40.02.

The shareholders eligible for the declared dividend will be those recorded in the register as of August 24, 2026. BCL's Annual General Meeting is scheduled for August 31, 2026, during which shareholders will consider the right offer proposed by BAL. The company's share transfer books will remain closed from August 25 to August 31, 2026, inclusive.

BCL's financial positioning showcases total equity and liabilities of Rs. 290.70 billion, up from Rs. 275.49 billion in 2025. The company's current liabilities have increased significantly to Rs. 75.42 billion from Rs. 55.58 billion. This growth is matched by a rise in current assets, now valued at Rs. 35.31 billion, compared to Rs. 28.93 billion the previous year.

The announcements reflect BCL's continued commitment to rewarding its shareholders while strategically positioning its subsidiary for future growth.