Karachi: Dynea Pakistan Limited, a key player in the chemical industry, announced its financial results for the quarter ended December 31, 2024, with a meeting held by its Board of Directors on February 21, 2025. The company declared an interim cash dividend of Rs.5.00 per share, amounting to a 100% payout. There were no bonus shares, right shares, or other entitlements recommended.
The Share Transfer Books will be closed from March 05, 2025, to March 07, 2025, to finalize the entitlements. Transfer requests must be received by FAMCO Share Registration Services (Pvt) Limited by the close of business on March 04, 2025.
According to information available from the Pakistan Stock Exchange (PSX), Dynea Pakistan Limited's unaudited financial statement reveals total assets of Rs.6.31 billion as of December 31, 2024, an increase from Rs.5.55 billion at the end of June 2024. The company reported current assets of Rs.5.31 billion and non-current assets of Rs.998.57 million.
The equity and liabilities section shows that the company's share capital and reserves stand at Rs.4.55 billion, and current liabilities have increased to Rs.1.73 billion from Rs.1.22 billion as of June 2024. The statement also noted a net cash generation from operating activities of Rs.273.69 million and a net increase in cash and cash equivalents by Rs.96.56 million during the period.
The detailed financial results, including the Statement of Financial Position, Statement of Changes in Equity, and Statement of Cash Flows, will be transmitted through the PUCARS platform for further transparency and analysis.