Punjab Modaraba Reports Negative Earnings, No Dividend Announced

Lahore, Punjab Modaraba 1st NC (FPJM) disclosed a negative earnings per share (EPS) of Rs. (2.54) for the first quarter of 2024, in contrast to a positive EPS of Rs. 2.7 in 2022/2023. With a paidup capital of Rs. 340.2 million and a market lot size of 500, the company, listed in 1993, saw a turnover of 1,178,000. Punjab Modaraba did not declare any dividend for the year, maintaining its position from the previous year.