Habib Sugar Mills Reports Robust Dividend Amid Positive Growth

Karachi, Habib Sugar Mills Ltd., symbol HABSM, announced a strong performance with a 70% dividend for this year and an impressive 120% projected for the next year. The stock closed at Rs. 66.05, slightly below its daily average of Rs. 66.43. According to information available from the Pakistan Stock Exchange (PSX), Habib Sugar Mills has a substantial paid-up capital of Rs. 750.00 million. Since its 1963 listing, the company’s shares have peaked at Rs. 79.7 and dipped to Rs. 61.6.