Habib Rice Products Ltd. Showcases Strong Financials in Rice Industry

Karachi, Habib Rice Products Ltd. (XD NC) (HRPL) maintained a steady rate of PKR 37.00 today, consistent with its daily weighted average rate. With a paid-up capital of PKR 200.00 million and a par value of PKR 5, the company stands firm in the rice industry. The market lot is 500, with the previous book closure dated 18/10. Since its listing in 1982, Habib Rice Products Ltd. has been a prominent player in the market, concluding its fiscal year in June. For the year 2023, the company announced a 100% distribution, following a 40% distribution in the previous years. The high and low rates for January to September 2023 were PKR 28 and PKR 437,000 respectively.