IBL Modaraba Records Modest Earnings in 2023, Maintains Stability

Karachi, IBL Modaraba 1st NC (FIBLM), a financial institution listed on the Pakistan Stock Exchange, reported a closing rate of Rs. 3.46 today. The company, with a paid-up capital of Rs. 216.88 million, has maintained a consistent performance, with an Earnings Per Share (EPS) of Rs. 0.46 for the year ending June 2023. Despite a yearly high of Rs. 6.89 and a low of Rs. 2.2, the company saw a turnover of 1,641,500 shares. Notably, there were no distributions for the par value Rs. 10 market lot of 500 shares, as per the previous book closure year of listing in 1990.