AlAbbas Sugar Mills Announces Impressive Dividend Amid Market Fluctuations

Karachi, AlAbbas Sugar Mills Ltd. (AABS) disclosed a substantial annual dividend of 550% as per the latest financial statements released to the Pakistan Stock Exchange. The company’s stock saw a high of Rs. 520 and a low of Rs. 470.01, closing at Rs. 520 with a daily weighted average rate of Rs. 173.62. Despite market challenges, AlAbbas maintained significant turnover, marking 21,000 shares traded, demonstrating robust investor interest and financial health.