U.D.L. Modaraba Announces Financial Performance

Karachi, U.D.L. Modaraba 1st (FUDLM), listed since 1991 with a paid-up capital of Rs. 351.21 million, disclosed its financial results for the year ending June 2023. The high rate stood at Rs. 4.27, and the low rate at Rs. 0.84. The company distributed 11% for the previous year and 19% for the year before, with no distributions announced for the current year. Further financial details were not available.

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