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Linc Pens offers 17 pc dividend

Our Bureau

Kolkata , June 30

LINC Pen & Plastics Ltd has declared 17 per cent dividend (Rs 1.7 on each equity share of Rs 10 face value) for the year ended March 31, 2005. In 2003-04, it had declared a 12 per cent dividend.

According to the company, its turnover stood at Rs 123 crore, 45 per cent higher than Rs 85 crore registered in 2003-04. The net profit was Rs 4.73 crore (Rs 3.93 crore).

Export revenue in 2004-05 was Rs 15.01 crore, 47 per cent higher than Rs 10.18 crore in 2003-04.

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