Karachi, Rafhan Maize Products Company Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 100 per share i.e. 1000% for the year ending December 31, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on May 18, 2022.
Rafhan Maize Products Company Limited was incorporated in Pakistan. Ingredion Incorporated Chicago, U.S.A., holds majority shares of the Company. The Company uses maize as the basic raw material to manufacture and sell a number of industrial products, principal ones being industrial starches, liquid glucose, and dextrose, dextrin and gluten meals.
The total number of shares are 9,236,400. The Earnings per share is 659.80 in 2020 which was 589.36 in 2019. The Profit after Taxation of the Company 6,094,231,000 in 2020 which was 5,443,566,000 in 2019.