The Board of Directors of Nishat (Chunian) Limited in its meeting held on September 22, 2017 has proposed 27.5% cash dividend for the year ended June 30, 2017, which was subsequently approved by shareholders on their AGM held on October 23, 2017. The Company registered profit after tax (PAT) of Rs. 1,621.33 mn in year 2016-17, translating into EPS of Rs. 6.75 as against PAT of Rs. 1,328.77 mn (EPS Rs. 5.59) in the corresponding period last year.