First Credit & Investment Bank Ltd Posts Modest Profits Amid Market Fluctuations

Karachi, First Credit & Investment Bank Ltd, trading under the symbol FCIBL, posted modest profits with earnings per share of Rs. 0.20 for the year 2022/2023. The company reported a daily weighted average rate of Rs. 6.87 and a today’s rate of Rs. 7.20, with a paid-up capital of Rs. 650.00 million. According to information available from the Pakistan Stock Exchange (PSX), no dividends were declared for the reporting period.

The company’s shares have a par value of Rs. 10, with a market lot of 1. The high and low rates for January to April 2024 were Rs. 9.88 and Rs. 6.00 respectively, resulting in a turnover of 366,000 shares. First Credit & Investment Bank has been on the stock exchange since 2008, with the last book closure on September 23, 2008.