Equity Modaraba First reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 0.603776 million compared to PKR 1.12 million a year ago. Net loss was PKR 4.07 million compared to PKR 5.17 million a year ago. Basic loss per share from continuing operations was PKR 0.078 compared to PKR 0.099 a year ago.
For the nine months, sales was PKR 7.23 million compared to PKR 3.71 million a year ago. Net loss was PKR 9.06 million compared to PKR 14.08 million a year ago. Basic loss per share from continuing operations was PKR 0.173 compared to PKR 0.268 a year ago.