International Industries Ltd. Announces Increased Dividends Following Strong Quarterly Performance

Karachi, International Industries Ltd. (INIL), recorded a significant rise in its quarterly earnings, posting an EPS of Rs 121.51 for the first quarter of 2024. The company, which had its shares traded at Rs 160.00 today and a daily weighted average rate of Rs 162.38, announced an 80% dividend for the year 2023, up from 75% in 2022. Additionally, a 20% interim dividend has been declared for 2024. International Industries has a robust paid-up capital of Rs 1,318.82 million and has been a member of the stock exchange since 1984.