Al-Abbas Sugar Mills Ltd (AABS) Posts Share Price of Rs. 495.00 on PSE

Business & Finance

Karachi: Al-Abbas Sugar Mills Ltd (AABS) announced its financial results on the Pakistan Stock Exchange (PSE) today, reporting a share price of Rs. 495.00. The company's daily weighted average rate was Rs. 505.05. AABS has a paid-up capital of Rs. 173.62 million and distributed a substantial 550% dividend to its shareholders for the fiscal year ending in September 2023, following a 400% dividend in the previous year.

AABS's shares have a par value of Rs. 10, and the market lot is 100 shares. The previous book closure date for the company was on 22nd September, and it has been listed on the stock exchange since 1992. In the year 2021/2022, AABS reported an earnings per share (EPS) of Rs. 43.31.

The high and low rates for AABS shares in 2023 were Rs. 544 and Rs. 328.44, respectively, with a total turnover of 125,400 shares.