ABG Shipyard declares 15% dividend
ABG Shipyard declares 15% dividend The members of ABG Shipyard, (Q, N,C,F)* at its meeting held on Sep. 27, 2007 declared dividend of 15%, or Rs 1.5 a share of face value Rs 10 each. >ABG Shipyard, the flagship company of the ABG group, manufactures and repairs ships for commercial and government clients. A B G Shipyard has announced a good increase in net profits for the quarter ended June 2007. During the quarter, the company reported a 24.03% rise in profit to Rs 334.04 million from Rs 269.32 million in the corresponding quarter, last year. Net sales for the quarter rose 22.71%, to R s 2,033.43 million compared with the corresponding quarter, a year ago.
