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Mirpurkhas Sugar Mills Ltd Announces Hefty Dividends and Rights Issue

Karachi, Mirpurkhas Sugar Mills Ltd. (MIRKS) has declared a significant dividend of 15% bonus, complemented by a substantial 200% bonus and a 42.957% rights issue, illustrating its robust financial performance and strategic growth initiatives. The company closed at Rs. 40.00, nearly matching its daily weighted average rate of Rs. 39.98, with a turnover of 993,500 shares. With a paid-up capital of Rs. 465.58 million and listed since 1964, its January 2024 EPS of Rs. 10.40 indicates a strong profitability margin and a commitment to enhancing shareholder value.

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Rain-Wind/Thundershowers Forecasted for Northern and Southeastern Regions of Pakistan

Islamabad: Rain-wind/thundershowers are expected in Kashmir, upper Khyber Pakhtunkhwa, northeastern Punjab, Gilgit-Baltistan, Northeastern Balochistan, and southeastern Sindh during the next twelve hours. Hot and humid weather is expected to prevail o...