Biafo Industries Limited Declares Dividend with Positive Earnings

Karachi, Biafo Industries Limited announced a dividend of 23% in conjunction with its financial results for the nine months ended March 31, 2024. The company achieved a profit before tax of PKR 469.920 million and an after-tax profit of PKR 403.834 million, resulting in an EPS of PKR 8.70. The book closure dates are scheduled from May 9, 2024, to May 11, 2024.