Credit of Interim Cash Dividend of Thal Limited

Business & Finance

Karachi, Thal Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 1.50 per share i.e. 30% for the year ending June 30, 2023 has been credited electronically into the designated bank accounts of the shareholders of the Company on March 16, 2023.

Thal Limited was incorporated on January 31, 1966 as a public company limited by shares. The Company is engaged in the manufacture of jute goods, engineering goods, paper sack and laminate sheets.

Operating under the umbrella of the prestigious House of Habib Group, Thal Limited is engaged in six businesses and in the manufacturing of quality products serving a variety of segments. The Engineering segment is engaged in the manufacturing of automotive parts such as car air-conditioners, radiators, wiring systems and engine components while the Building Material and Allied product segment overlooks the Jute, Papersack and Laminate operations. Apart from these key operational areas, Thal Limited’s subsidiaries include renowned entities like Makro-Habib Pakistan Limited, Pakistan Industrial Aids (Private) Ltd, Noble Computer Services (Pvt) Limited and Thal Boshoku Pakistan (Pvt.) Ltd.

The total number of shares of the company are 81,029,917. The Earning per share is 23.04 in 2020 which was 38.93 in 2019. The Profit after tax is 1,867,158,000 in 2020 which was 3,154,665,000 in 2019.