Habib Sugar Mills Ltd. Demonstrates Financial Strength in the Sugar Industry

Karachi, Habib Sugar Mills Ltd. (NC) (HABSM) reported a rate of PKR 38.50 today, with a daily weighted average rate of PKR 38.45. The company boasts a substantial paid-up capital of PKR 750.00 million and a par value of PKR 5. Situated in the sugar and allied industries sector, Habib Sugar Mills Ltd. has a market lot of 500 and its previous book closure was on 16/01. Since its listing in 1963, the company has shown strong market presence, concluding its fiscal year in September. For the year 2023, the company announced a 60% distribution, following a 70% distribution in the previous years. The high and low rates for January to September 2023 were PKR 27.5 and PKR 2,650,500 respectively.

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