Al-Abbas Sugar Mills Declares Impressive Interim Dividend of Rs. 15.00 per Share

Karachi, Al-Abbas Sugar Mills Limited has announced an exceptional interim dividend payout for its shareholders. In a meeting held on July 25, 2023, the Board of Directors approved and declared an interim dividend for the period ended June 30, 2023, at an impressive rate of Rs. 15.00 per share, which translates to a remarkable 150% dividend.

This dividend declaration comes as a pleasant surprise to investors, showcasing the company’s strong financial performance and commitment to maximizing shareholder value. The substantial interim dividend reflects Al-Abbas Sugar Mills’ dedication to rewarding its shareholders for their continued support and confidence in the company.

The Share Transfer Books of Al-Abbas Sugar Mills Limited will remain closed from August 02, 2023, to August 04, 2023 (both days inclusive), as part of the dividend payout process. During this period, the company will update its records and ensure that all eligible shareholders receive their entitled dividends.

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