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Site update: April 25 2017, at 17:00 PKST
Stock update: April 25 2017.

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Friday, April 21 2017

ICI Pakistan continues to show solid financial results
KARACHI: The ICI Pakistan continued to show solid financial results in line with its `aspirations and objectives', an official of the company said here on Thursday. He said that ICI Pakistan's results for the quarter and nine Months 2016-17 maintained a positive trajectory. `The Board of Directors of ICI Pakistan Limited is pleased to announce the Company's financial results for the quarter and nine months ended March 31, 2017', the official added. He said that the company continued to show solid financial results in line with its aspirations and objectives. `Unconsolidated profit after tax for the nine months, at PKR 2,396 million, is 18% higher than the same period last year. Earnings per share (EPS) at PKR 25.94 is also 18% higher as compared to the same period last year', it was further pointed out. The operating result for the nine months, at PKR 2,997 million, is 19% higher than the same period last year. The improved performance is attributed to the Polyester, Life Sciences and Chemicals Businesses' operating results improving by 53%, 14% and 28% respectively.
Related news categories: business chemical company-news economic-indicators ise kse lse misc psx stock-exchanges
Related symbols: ici (news stock)

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