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Shahmurad Sugar Mills Ltd. Announces Exceptional Dividends Amidst Strong Earnings

Karachi, Shahmurad Sugar Mills Ltd. (SHSML), a member of the Pakistan Stock Exchange since 1984, reported an EPS of Rs. 6.42 for the year ending September 2023. The company declared a remarkable 200% dividend for 2022 and an even higher 500% dividend for 2023, highlighting its exceptional financial health. Shahmurad Sugar Mills’ daily weighted average rate was Rs. 358.76, slightly decreasing to Rs. 358.11. The company’s paid-up capital is Rs. 211.19 million, indicating its strong position in the sugar industry.

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