Faisalabad: Products Co Ltd has declared an interim cash dividend for the quarter ending September 30, 2024, following a meeting of the Board of Directors on October 24, 2024. The dividend, amounting to Rs. per share, adds to the two interim dividends already paid at Rs.75 and Rs.100 per share, respectively.

According to the company's announcement, the interim dividend will be distributed to shareholders listed in the Register of Members as of November 5, 2024. The Share Transfer Books will be closed from November 6 to November 7, 2024, inclusive, with share transfers received by the close of business on November 5, 2024, considered eligible for the dividend.

The company's financial results for the quarter ended September 30, 2024, show a revenue achievement of 16,689.79 million rupees, up from 15,477.67 million rupees in the same period the previous year. Gross profit reached 3,829.88 million rupees, compared to 2,895.01 million rupees in the third quarter of 2023.

Operating profit for the quarter was reported at 3,211.44 million rupees, an increase from the previous year's 2,383.77 million rupees. Profit before taxation stood at 3,023.50 million rupees, up from 2,159.37 million rupees in the third quarter of 2023. The profit after taxation was 1,854.52 million rupees, an increase from 1,346.38 million rupees in the same period last year.

According to information available from the Pakistan Stock Exchange (PSX), the company's earnings per share rose to 200.78 rupees, compared to 145.77 rupees in the third quarter of 2023.

The Quarterly Report of the Company for the quarter ending September 30, 2024, will be available through PUCARS within the specified timeframe.