AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Al-Abbas Sugar Mills Ltd. (AABS), listed on the Pakistan Stock Exchange since 1992, has announced a substantial dividend increase for its shareholders. The company’s earnings per share (EPS) for the year ending in 2023 rose to 212.22 from 173.62 in the previous year. This financial improvement has prompted a dividend increase to 560% from last year’s 550%. Today’s trading saw the company’s stock reach a high rate of 520 RS with a low of 210 RS and a turnover of 20,000, reflecting the market’s positive reaction to the financial results.
Check Also
Pakistan Stock Exchange Witnesses Bullish Trend
Islamabad: Pakistan Stock Exchange (PSX) continues to witness a bullish trend during the trading today, showing an increase of over eighteen hundred and sixty points in the Hundred Index. According to Radio Pakistan, the Hundred Index that closed at ...