Breaking News

Orient Rental Modaraba Posts Strong Financial Performance

Karachi: Orient Rental Modaraba (ORM) posted strong financial performance in the market. The modaraba closed at PKR 6.50, with a paid-up capital of PKR 750.00 million as of June. It distributed a 10% return in both 2021 and 2023. The market lot is 500, and the par value is PKR 10. Since its listing in 2017, the modaraba reached a high of PKR 6.95 and a low of PKR 5.52 in 2023. The total turnover was 543,000 shares, with an EPS of PKR 2.09 for 2021/2022.

Check Also

Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...