Baba Farid Sugar Mills Reports No Dividend Amid Economic Strains

Karachi, Faced with economic challenges, Baba Farid Sugar Mills Ltd. (BAFS) reported no dividend for the period. The stock’s price ranged from Rs. 60.49 to Rs. 40.6, ending at Rs. 94.5. Despite the lack of dividend, the mills showed a modest turnover of 4,000 shares, indicating some level of market activity. The earnings per share stood at Rs. 9.6, reflecting the company’s financial position amidst industry adversities.