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First Treet Mfg Modaraba Reflects Negative Earnings Despite High Capital

Karachi, First Treet Mfg Modaraba, trading under the symbol FTMM, reported a closing rate of Rs. 6.01 with a slightly higher daily weighted average rate of Rs. 6.11. The Modaraba has a significant paid-up capital of Rs. 8,835.90 million but reported negative earnings, with an EPS of Rs. (0.88) despite a year high rate of Rs. 9 and a turnover of 2,703,500.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...