Highnoon Laboratories Limited Reports Stellar Annual Results and Dividend

Financial Results

Lahore, Highnoon Laboratories Limited has unveiled its financial results for the year ended December 31, 2023, reporting significant growth. On an unconsolidated basis, the pharmaceutical giant announced a whopping 300%(F) dividend, with a pre-tax profit of PKR 3,302.684 million and a post-tax profit of PKR 2,403.013 million, resulting in an EPS of 45.35. Furthermore, the consolidated financials indicated a pre-tax profit of PKR 3,359.287 million and a post-tax profit of PKR 2,447.676 million, with an EPS of 46.20. The AGM is set for April 29, 2024, at 11:00 AM, with the book closure dates from April 22 to April 29, 2024.