Al-Abbas Sugar Mills Reports Strong Financial Performance

Karachi, Al-Abbas Sugar Mills Ltd., listed on the Pakistan Stock Exchange under the symbol AABS, has demonstrated significant financial strength in its latest earnings release. The company’s shares traded at a rate of 560.00 rupees today, with the same figure for the daily weighted average. The market saw a high of 560.00 rupees and a low of 470.01 rupees. The turnover was reported at 173.62 million rupees. For the financial year ending in March 2024, Al-Abbas Sugar Mills declared a distribution of 550% on par value, increasing from 560% the previous year. The company, which has been listed since 1992, announced earnings per share (EPS) of 560.00 rupees for January to March 2024.