Adam Sugar Mills Ltd. Reports Lower Distribution in 2023

Karachi, Adam Sugar Mills Ltd., with the symbol ADAMS, today released its financial outcomes for the year ending in September. The stock’s rate was Rs. 34.52, with a daily weighted average of Rs. 33.82, and a turnover of Rs. 172.91 million. The company declared a 25% distribution for par value Rs. MKT. LOT for 2023, down from 15%(I) in the previous year. The highest stock rate reached Rs. 41.1. The last book closure date was August 4.

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