The Board of Directors of ICI Pakistan Limited is pleased to announce the financial results for the year ended December 31, 2011. The company posted net sales income of PKR 40.11 billion which is 14% higher than last year. However, operating results were dragged down by 23% almost entirely due to unavailability of gas to the Soda Ash and Polyester plants and the resultant incremental expenditure on expensive alternate fuel amounting to over PKR 825 million.
