Adam Sugar Mills Reports Modest Profit and Dividend for 2024

Karachi, Adam Sugar Mills Ltd. (ADAMS) disclosed its financial outcomes for the year ending 2024, with a slight increment in its dividend to 15% from the previous year’s 25%. The company achieved an earnings per share (EPS) of Rs. 5.86, indicating a positive yet moderate financial performance. Adam Sugar Mills, holding a paid-up capital of Rs. 172.91 million, experienced a significant turnover with 401,500 shares traded on the Pakistan Stock Exchange. The daily weighted average rate of the stock was recorded at Rs. 39.00.