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Karachi, Biafo Industries Ltd. (BIFO) declared a 43% dividend, with an additional 10% bonus, following a 53% dividend, indicating its solid financial health. Closing at Rs. 121.50, slightly below its daily weighted average rate of Rs. 121.82, the company observed a turnover of 1,627,300 shares. With a paid-up capital of Rs. 463.83 million and listed since 1994, Biafo’s January 2024 EPS of Rs. 13.10 highlights its profitability and strategic growth in the chemicals sector.
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