Descon Oxychem Ltd. Reports Growth with 20% Dividend Announcement

Karachi, Descon Oxychem Ltd. (DOL), active in the chemicals sector, announced a 20% dividend to its shareholders, marking a positive financial year. The company's earnings per share stood at Rs. 8.00 for the year ending in June 2023. Descon Oxychem Ltd. saw its share price reach a high of Rs. 26.74 and a low of Rs. 19.25, with a significant turnover of 31,405,000 shares. With a paid-up capital of Rs. 1,750.31 million, the company continues to show promising performance since its listing in 2008.