Biafo Industries Ltd. Announces Substantial Dividends and Bonuses

Karachi, Biafo Industries Ltd. (BIFO), a renowned name in the chemical sector, has declared a 43% dividend and a 10% bonus, followed by an additional 53% dividend. The company's share price closed at 112.20 rupees, with a daily weighted average rate of 111.96 rupees. Biafo, listed since 1994, reported a strong EPS of 13.10 rupees. With a paid-up capital of 463.83 million rupees, the company has demonstrated significant financial strength in its market segment.