Al-Abbas Sugar Mills Announces Interim Cash Dividend Amid Financial Update

Karachi: Al-Abbas Sugar Mills Limited has announced a significant interim cash dividend for the quarter ending June 30, 2025. The company's Board of Directors, in a meeting held on July 29, 2025, in Karachi, declared a cash dividend of Rs. 25.00 per share, representing a 250% payout. This dividend is in addition to a previously distributed interim dividend of Rs. 12.00 per share, which amounted to a 120% payout.

The announcement marks a very large or significant move in shareholder returns, reflecting the company's financial strategy and performance over the nine-month period. The Board's decision not to issue bonus shares or right shares further emphasizes the company's focus on cash returns.

The share transfer books of Al-Abbas Sugar Mills will be closed from August 12, 2025, to August 14, 2025, inclusive. Transfer requests received by the Share Registrar Department in Karachi by the close of business on August 11, 2025, will be eligible for the announced entitlement.

According to information available from the Pakistan Stock Exchange (PSX), Al-Abbas Sugar Mills operates within the designated market category of the sugar industry. The company's quarterly report for the period ending June 30, 2025, is scheduled to be released separately through PUCARS within the specified timeline.

The financial results and dividend announcement highlight Al-Abbas Sugar Mills Limited's commitment to providing substantial returns to its shareholders. The company's strategic decisions and financial disclosures continue to be closely monitored by investors and stakeholders in the sugar industry.