By Qudsia Bano ISLAMABAD, June 06 (INP-WealthPK): Revenues of ICI Pakistan Limited, the country’s premier chemical manufacturing company, climbed 51% to Rs72.52 billion in the first nine months of the ongoing fiscal year 2021-22. The net income available to common stockholders increased by 70% to Rs7.8 billion during this period. The revenues of the NutriCo Morinaga section increased from Rs1.56 billion to Rs10 billion, while the polyester segment increased by 46% to Rs26.46 billion and the soda ash segment increased by 33% to Rs16 billion during the first nine months of this fiscal.  [caption id="attachment_68012" align="aligncenter" width="696"] Source: Company financial Report[/caption] As of June 30, 2021, directors, chief executive officers and their spouse(s) and minor children owned 2.78% shares of the company. Associated corporations, undertakings and related parties owned 81.54% of the total shares. The general public (local) owned 3.85% of the shares, while banks, development financial institutions, and non-banking finance companies owned 2.16% shares, and 1.18% of the shares were held by “Others”. Insurance companies owned 6.05% of total shares.  ICI Pakistan Limited Turnover 2020-21 On an unconsolidated basis, the company's net turnover increased by 17% to Rs62 billion in 2020-21, with operating profit increasing by 48% to Rs8 billion. These results were fueled by strong performances across the board. The polyester industry, for instance, had an unprecedented 283% increase in operational profit with its turnover increasing by 20% in 2020-21. Because of the Covid-19-related countrywide lockdowns, net turnover dropped in 2019-20. The polyester company saw a significant drop in turnover as a result of plant closures during lockdowns and falling pricing across the petrochemical chain. During the year 2020-21, net turnover increased by 17% owing to the recovery of the economy after the lockdowns were lifted. ICI Pakistan achieved its greatest-ever profit due to strong performances across all of its operations throughout 2020-21. Due to a rise in revenues across all businesses, net turnover for the year was at Rs2.6 billion, 17% higher than that for the financial year 2019-20. The operational profit for the year 2020-21 was Rs8.3 billion, up 48% from the previous year, due to increased results across the board, with polyester and pharmaceuticals contributing the most. The profit after tax (PAT) for the year 2020-21 was Rs5.9 billion, 92% more than last year. This rise was principally driven by a 48% improvement in operating results, as well as decreased finance costs. Earnings per share (EPS) of ICI Pakistan Limited have been on increase since 2019. For the year 2020-21, EPS was 64.52, 92% higher than the same period last year. It indicates that the company performed well in 2021 and met the expectations of its shareholders. KSE-100 Vs ICI Pakistan Limited ICI Pakistan Limited is a subsidiary of the Yunus Brothers Group (YBG), one of Pakistan's fastest-growing and most progressive conglomerates with a diverse portfolio of companies, including cement, textiles, power generation, and commodity trading, among others. With a rich history pre-dating the formation of Pakistan itself, ICI Pakistan Limited has been a dynamic and growing manufacturing and trading company that provides essential products for a diverse range of applications in almost every industry. The company has grown from a tiny trading firm with a single production unit to become one of the country's greatest industrial conglomerates over the years. ICI Pakistan Limited has become a household name in Pakistan, with generations of Pakistanis knowing and trusting the company. It is worth noting that through its diverse businesses: polyester, soda ash, chemicals and agri sciences, pharmaceuticals and animal health, ICI has supplied essential products to almost every industry in the country for over 75 years. NutriCo Morinaga (Private) Limited, a subsidiary of the company, owns managing ownership in the newborn milk formula business. ICI enterprises are major players in their respective industries, combining extensive customer experience with cutting-edge technology.