Habib Sugar Mills Ltd. Marks a 38.49 Close Following Previous Years’ Dividends

Business & Finance

Karachi: Habib Sugar Mills Ltd. (HABSM) concluded trading at Rs. 38.49, holding closely to its daily weighted average of Rs. 38.48. The company, boasting a substantial paid-up capital of Rs. 750.00 million, did not declare a dividend for 2023 despite providing a 60% and 70% dividend in the preceding two years. Throughout the year, the shares ranged from Rs. 38.74 to Rs. 27.5. The market lot size is 500 shares, and Habib Sugar Mills has been listed since 1963. Its last book closure was on 16th January.