Dawood Hercules Corporation Limited Announces First Quarter Results; Declares Dividend

Karachi, Dawood Hercules Corporation Limited disclosed its financial outcomes for the first quarter ending March 31, 2024. The unconsolidated reports showed a pre-tax profit of PKR 476.075 million and a post-tax profit of PKR 346.387 million, resulting in an EPS of PKR 0.72. A dividend of 50% was declared. The book will close from May 13, 2024, to May 14, 2024. Additionally, the consolidated financial statements reported a significantly higher pre-tax profit of PKR 19,805.620 million and a post-tax profit of PKR 10,731.265 million, with an EPS of PKR 5.47. No further details on meeting schedules were provided.