Nishat (Chunian) Limited Announces Final Cash Dividend Amid Improved Financial Performance

Lahore: The Board of Directors of Nishat (Chunian) Limited, in a meeting held at their registered office in Lahore on September 18, 2026, announced a final cash dividend of Rs. 3 per share, equivalent to 30% for the fiscal year ending June 30, 2026. This decision follows an interim cash dividend already disbursed earlier in the year at Rs. 1 per share, representing 10%.

The announcement accompanies the company's financial results, indicating a notable increase in revenue and profit. According to the report, Nishat (Chunian) Limited's revenue for the year was Rs. 86.83 billion, compared to Rs. 85.43 billion in the previous year. The gross profit saw an increase, reaching Rs. 10.58 billion from Rs. 8.83 billion, signaling a robust financial year.

The company's profit after taxation stood at Rs. 1.60 billion, a significant improvement from Rs. 789.21 million recorded in the previous fiscal year. This resulted in earnings per share increasing to Rs. 6.66 from Rs. 3.29. The designated market category for the company continues to show promising growth.

According to information available from the Pakistan Stock Exchange (PSX), Nishat (Chunian) Limited's profit before taxation was Rs. 1.98 billion, a substantial rise from Rs. 905.20 million the previous year. The board did not recommend any bonus or right shares, nor were there any other entitlements or corporate actions noted.

The company plans to hold its Annual General Meeting on October 23, 2026, at its registered office in Lahore. The Share Transfer Books will remain closed from October 16 to October 23, 2026, inclusive, for entitlement purposes. Shareholders listed in the Register of Members as of October 15, 2026, will be eligible for the dividend.

The annual report will be transmitted through PUCARS at least 21 days before the Annual General Meeting.