Lahore: Ittehad Chemicals Limited (ICL), a leading Pakistani chemical manufacturing firm, showcased substantial enhancements in operational efficiencies and sustained financial performance in its recently published annual report for the fiscal year ending June 30, 2024. The company reported net sales revenue of PKR 24,315.00 million, maintaining a robust financial position despite a marginal increase from the previous year's revenue of PKR 24,268.00 million.

According to information available from the Pakistan Stock Exchange (PSX), Ittehad Chemicals has successfully integrated advanced technologies such as SAP ERP systems, online sales portals, and real-time shipment tracking to improve business process efficiencies and customer satisfaction. These initiatives are part of ICL's broader strategy to adopt sustainable and green manufacturing practices, reducing environmental impact while optimizing operational execution.

A significant development reported was the enhancement of the company's gas-fired power plant, which has improved efficiency by 9% and increased capacity by 20%. This upgrade is expected to reduce carbon emissions and lower dependence on the national power grid, highlighting ICL's commitment to sustainable energy practices.

Furthermore, the company has continued its focus on community engagement and environmental sustainability. Ittehad Chemicals has initiated several community development programs, including health, education, and local infrastructure improvements, reinforcing its commitment to corporate social responsibility.

The company’s board proposed a final cash dividend of PKR 1.50 per share, in addition to the interim dividends paid during the year, reflecting confidence in the company’s stable financial health and ongoing growth trajectory.