AL-Noor Modaraba Reports Minimal Earnings in 2023

Karachi, (PPI Bot): AL-Noor Modaraba 1st, trading as FANM, closed with a daily weighted average rate of Rs. 3.54. The modaraba, with a paid-up capital of Rs. 231.00 million, reported no distributions for 2023 but a 10% bonus in 2022. FANM, with a market lot of 500 shares, listed since 1992, noted a previous book closure on October 20th. The modaraba recorded an EPS of Rs. 0.03 for Jan-Oct 2023, a decline from Rs. 2.81 in 2021 and Rs. 4.69 in 2022. The turnover was 130,500, with a high rate of Rs. 3.50 and a low rate of Rs. 3.54.

The post AL-Noor Modaraba Reports Minimal Earnings in 2023 appeared first on Pakistan Company News.