Shahmurad Sugar Mills Ltd. Declares High Dividends Amidst Surging Profit

Stock Exchange Announcements

Karachi, Shahmurad Sugar Mills Ltd. (SHSML), with a market listing since 1984, disclosed an impressive EPS of Rs. 181.24 for the first quarter of 2024, rising sharply from last year's Rs. 545.46. The company announced a 500% increase in paid-up capital alongside a 200% dividend. Stock prices ranged from Rs. 545.44 to a high of Rs. 211.19, with a turnover of 291,200 units.