KARACHI (APP) - J K Spinning Mills Ltd has posted a higher profit after tax of Rs 364.405m during the fiscal year ending June 30, 2011 and declared a final cash dividend of Re1/share. According to financial results despatched to KSE here Thursday, the profit before tax of the company surged to Rs 516.868 million as against Rs 118.614 million during last year. The earning per share also improved to Rs 19.83 during the period under review compared to Rs 13.36 in 2010.