Udl Modaraba Management Ltd. Reports Unaudited Financial Results for the Second Quarter and First Half Year Ended Dec. 31, 2013; Recommends an Interim Cash Dividend for the Half Year Ended Dec. 31, 2013
For the first half, the company reported operating profit of PKR 5,840,000 and profit for the period of PKR 16,354,000 or PKR 0.62 per basic and diluted share on total sales of PKR 106,142,000 against operating profit of PKR 15,659,000 and profit for the period of PKR 21,131,000 or PKR 0.8 per basic and diluted share on total sales of PKR 79,916,000 for the same period of last year.
The board has also recommended an interim cash dividend of PKR 0.6 per certificate that is 6% for the half year ended Dec. 31, 2013.