As a company we stay active on all fronts, so we tend to be in the news quite often. In this section you will find press releases of major recent events and happenings, as well as older footage.
The Board of Directors of ICI Pakistan Limited is pleased to announce the financial results for the year ended December 31, 2011.
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The Board of Directors of ICI Pakistan Limited is pleased to announce the financial results for Q3, 2011.
ICI Pakistan Limited announces after tax profit of PKR 0.973 billion for H1 2011
ICI Pakistan Limited has announced a major investment in its Soda Ash Plant at Khewra. The investment of over PKR 2 Billion is focused on addressing the energy deficit faced by the company due to restricted supply of natural gas affecting plant output & efficiencies. The company plans to install boilers for steam generation based on state of the art Coal Fired Technology.
The Board of Directors of ICI Pakistan Limited today decided that ICI Pakistan should be divided into two entities, both of which will be listed on the Karachi, Lahore and Islamabad Stock Exchanges. One such entity will be AkzoNobel Pakistan Limited (comprising the Paints Business) and the other will be ICI Pakistan Limited (retaining all other businesses of ICI Pakistan).
The Board of directors of ICI Pakistan Limited are pleased to announce a final dividend of Rs 12 per share for 2010. Dividend for the year at Rs 17.5 per share is two times higher than last year which was Rs 8 per share.
Karachi, February 2, 2011: ICI Pakistan Foundation launched its ‘Ilm-o-Hunar’ skill development program by signing an MOU with the Construction Technology Training Institute (CTTI) Islamabad to start a vocational training program for painters in February 2011.
The Board of Directors of ICI Pakistan Limited is pleased to announce the financial results for the quarter ended September 30, 2010. The company posted net sales income of PKR 8.5 billion which was 22% higher over the same period last year. With higher volumes and better unit margins, operating result and profit after tax for the quarter were 31% and 22% higher respectively compared with the same period last year. Earnings per share at PKR 4.92 were 22 % higher than the same quarter last year.
This record profit after tax of PKR 1.17 billion was 14% higher than the same period last year. In the prevalent tough business conditions, this clearly reflects the strength of ICI Pakistan’s diversified portfolio and strong footprint in relevant markets.
ICI Pakistan Limited is actively involved in the relief efforts in the aftermath of devastating floods that have wreaked havoc across the country leaving millions homeless are a cause for grave concern to all. They have so far committed USD 200,000 for the cause.
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