AL-Abbas Sugar Mills Ltd. Announces Monumental Dividend Amid High Share Performance

Karachi, AL-Abbas Sugar Mills Ltd. has declared an exceptional 550% dividend, complemented by an additional 560% year-end bonus, reflecting its strong financial performance. According to information available from the Pakistan Stock Exchange (PSX), the company’s share price was slightly variable at 585.71, closely matching its daily average of 586.66. With a considerable paid-up capital of 173.62 million rupees, AL-Abbas Sugar Mills experienced moderate trading, with 40,344 shares exchanged. The shares reached a high of 625.51 and a low of 470.01. Since its 1992 listing, the company has demonstrated substantial financial growth with an earnings per share of 212.22 from January to April 2024.

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Pakistan State Oil Reports Loss of Over 650 Shares

Karachi: Pakistan State Oil Company Limited (PSO) has reported the loss of share certificates totaling 657 shares, belonging to the deceased shareholder Mohammad Sharif Akhtar. This notification was made to the Pakistan Stock Exchange (PSX) as part of...

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