Karachi, Biafo Industries Ltd. (BIFO), with a paid-up capital of Rs. 463.83 million, declared a 43% cash dividend and a 10% bonus, followed by a further 53% distribution. Trading today at Rs. 107.74, closely aligned with its average rate of Rs. 107.63, the company reported an EPS of Rs. 92 for the first quarter of 2024. Biafo Industries has been a part of the Pakistan Stock Exchange since 1994.