Karachi: Cherat Packaging Limited has announced a final cash dividend of Rs. 2.00 per share, amounting to a 20% payout, as disclosed during the Board of Directors meeting on August 20, 2025. This decision follows an interim cash dividend of Re. 1.00 per share, or 10%, already distributed earlier in the fiscal year. No bonus shares or right shares have been declared.

The financial results for the year ending June 30, 2025, were presented, revealing a net profit of Rs. 356.43 million, compared to Rs. 885.89 million in the previous fiscal year. The company’s turnover stood at Rs. 13.01 billion, a very large or significant move from Rs. 13.82 billion recorded last year. Gross profit also showed a very large or significant move, decreasing to Rs. 1.02 billion from Rs. 1.46 billion.

Operating profit saw a very large or significant move, falling to Rs. 886.41 million from Rs. 1.88 billion, primarily due to changes in other income and finance costs. Finance costs experienced a very large or significant move, reducing substantially to Rs. 462.57 million from Rs. 837.73 million.

According to information available from the Pakistan Stock Exchange (PSX), the earnings per share decreased to Rs. 7.26 from Rs. 18.04, indicating a very large or significant move in performance metrics. The distribution costs increased moderately, while administrative expenses witnessed a minor move.

The Annual General Meeting of the company is scheduled for October 22, 2025, at the registered office in Peshawar. The share transfer books will be closed from October 15 to October 22, 2025, both days inclusive, with transfers received by October 14, 2025, considered in time for the entitlement.

The company plans to transmit its annual report through PUCARS at least 21 days prior to the meeting, fulfilling regulatory requirements and ensuring transparency with stakeholders.