KARACHI - A numbers of financial companies have announced their financial results on Thursday for the year and half year ended on June 30, 2007. Among the companies Pakistan Refinery Limited has shown robust growth of 699 percent, Lucky Cement' profits slightly up by 5 per cent during the year ended on June 30, while ICI profits moved up by 33 per cent in half year ended June, 30. Pakistan Refinery Limited has posted PAT of Rs2.11bn in the year ended on June 30, 2008 as against Rs250mn in the corresponding period of last year, depicting a healthy growth of 744 per cent. Earnings per share of the company came to Rs60.31 in the period under review as compared to Rs7.17 in the same period of previous year. The board of directors of the said company in their meeting recommended a cash dividend at Rs1.4285 per share 14.285 per cent. This is in addition to the interim Bonus shares already issued at 16.67 per cent i.e. one share for every six shares held. The Gross profit of the company stood at Rs4.33 billion in the said period as compared to Rs775mn in the corresponding period of last year. Lucky Cement has posted profit after taxation of Rs2.68bn in the year ended on June 30, 2008 versus Rs2.55bn in the same period of a year earlier, reflecting a slight growth of 5 per cent against the expectation of analysts, as it was being expected that the top leader in cement sector in terms of capacity might go through decline of 10 per cent in its financial result for FY08.  However, the top leader company in cement sector has neither announced cash dividend nor Bonus shares for their shareholders. Gross profit of Lucky Cement recorded at Rs4.4bn in the period under review as compared to Rs3.7bn in the same period of last year. Basic and diluted earning per share of the company came to Rs9.84 in the period under review as compared to Rs9.67 in the same period of previous year ICI Pakistan Limited announced the financial results for the Quarter and Half Year ended 30 June 2008 with profit after tax for Half Year at Rs. 984 million registering an impressive growth of 33% over corresponding 2007 figures. Earnings per share for the Quarter and the Half Year ended 30 June 2008 are up by 35% and 33% respectively. The Board approved an interim dividend at the rate of 25%. Despite increasingly difficult business environment net sales income for Half Year ended 30 June 2008 at Rs. 14.1 billion registered a strong growth of 34% compared to 2007 figures through a combination of higher volume, better pricing and launch of new products. Operating results for Half Year ended 30 June 2008 improved by an impressive 36%, at Rs 1.7 billion respectively, over the previous year.