Mehran Sugar Mills Ltd. Reports Strong Earnings Growth and Increased Distributions

Karachi, Mehran Sugar Mills Ltd. NC achieved an EPS of Rs. 19.26 for January to April 2024, according to the Pakistan Stock Exchange (PSX). The company’s stock price today was Rs. 57.37, with a turnover of 2,520,000 shares. Mehran Sugar Mills declared a 45% cash and 10% bonus distribution for 2024, up from 7.5% cash and 25% bonus in 2023. The company was listed in 1968 and saw its share price range from Rs. 76 to Rs. 57.37 this year.