Mirpurkhas Sugar Mills Declares Significant Bonus Shares Amidst Unspecified Earnings

Business & Finance

Karachi, Mirpurkhas Sugar Mills Ltd. (MIRKS), a stalwart in the Sugar & Allied Industries of Pakistan, has made a significant announcement of 200%B bonus shares for its shareholders, according to the latest financial disclosures to the Pakistan Stock Exchange (PSE). Despite not specifying its earnings per share (EPS) for the 2022/2023 fiscal year, the company's decision to issue a considerable amount of bonus shares signals confidence in its operational performance and future prospects. Mirpurkhas Sugar Mills, established in 1964, boasts a daily weighted average rate of 465.58 Rs., indicating strong market presence and investor interest.