AlAbbas Sugar Mills Reports Robust Dividend Amid High Turnover

Karachi, AlAbbas Sugar Mills Ltd. (AABS), a leading player in Pakistan's sugar industry, announced an impressive dividend of 560% for the year ending in September 2024. This represents a significant increase from the previous year's dividend of 550%. The company's stock saw a high rate of Rs. 520 and a low of Rs. 470.01, with a turnover of 21,000 shares. The earnings per share (EPS) for January to February 2024 stood at Rs. 173.62. AlAbbas Sugar Mills has been listed on the Pakistan Stock Exchange since 1992, demonstrating a strong market presence and financial stability over the years.