Nimir Industrial Chemicals Limited Announces Dividend Amid Positive Earnings

Karachi, Nimir Industrial Chemicals Limited (NICL), a significant manufacturer in the chemical industry, announced a 20% dividend for 2024, following a 25% dividend in the previous year, reflecting a confident financial outlook. The company’s stock traded actively between Rs. 129 and Rs. 85, with a turnover of 889,000 shares. The daily weighted average rate was Rs. 97.16, slightly below the day’s rate of Rs. 97.38. With a paid-up capital of Rs. 1,105.90 million, Nimir Industrial Chemicals Limited reported a solid EPS of Rs. 16.62, signaling robust growth and profitability.