Karachi, Biafo Industries Ltd. (BIFO) traded actively, with 3,889,847 shares exchanged, peaking at Rs. 129.75 and closing at Rs. 114.61.

According to information available from the Pakistan Stock Exchange (PSX), Biafo Industries increased its dividends from 43% in 2022 along with a 10% bonus, to 53% in 2023, and further declared a 23% interim dividend for 2024. The company, listed since 1994, has reported earnings per share of Rs. 13.10 for January to April 2024, showcasing its resilience and growth in the market.