Pakistan Aluminum Beverage Cans Ltd Reports 258% increase in Net Profit

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In a recent bourse filing, Pakistan Aluminum Beverage Cans Ltd (PSX:PABC) declared Financial results for the year ending December 2021 with a staggering 258% rise in Net profits (2021: 1576M PKR vs 2020: 610M PKR). The result was accompanied by Rs. 1.5 cash dividend.

Earning Per Share increased from Rs. 1.69 (2020) to Rs. 4.37 (2021).

Sales increased from Rs. 5,083 MPKR to Rs. 7,229 MPKR, translating to Gross Profits Rs. 2,565 MPKR from Rs. 1,541 MPKR.

To read complete financial result please see below link: https://dps.psx.com.pk/download/document/183722.pdf

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