Premier Explosives declares 15% dividend

Premier Explosives declares 15% dividend

The members of Premier Explosives, at its annual general meeting held on Sep. 28, 2007 declared dividend of 15% for the year ended Mar. 31, 2007.

Premier Explosives, reported a phenomenal jump in net profits for the quarter ended June 2007. During the quarter, the company rose 2.42 times to Rs 32.38 million, from Rs 13.39 million in the same quarter, last year.

Net sales for the quarter declined 14.34% to Rs 150.07 million, compared with the corresponding quarter, a year ago.

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