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Karachi, B.F. Modaraba (BFMOD), a veteran in the Modaraba sector since 1989, revealed a negative earnings per share of Rs (0.80) for the year ending January-February 2024. The company, holding a paid-up capital of Rs 75.15 million, did not announce any dividends for the year, aligning with its financial performance. This lack of distribution underlines the company’s challenges in a competitive market environment, reflecting its strategic focus on stability and long-term value amidst financial adversities.
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