First Equity Modaraba reported audited consolidated and company earnings results for the year ended June 30, 2018. For the year, on company basis, income was PKR 17,239,526 against PKR 80,236,114 a year ago. Operating loss was PKR 4,301,550 against profit of PKR 46,072,633 a year ago. Loss before taxation was PKR 4,192,848 against profit of PKR 42,513,195 a year ago. Loss for the period was PKR 4,192,848 against profit of PKR 42,513,195 a year ago. LPS was PKR 0.08 against EPS of PKR 0.81 a year ago. For year, on consolidated basis, income was PKR 128,355,271 against PKR 16,546,791 a year ago. Operating profit was PKR 62,301,527 against PKR 32,598,431 a year ago. Loss before taxation was PKR 11,730,170 against PKR 33,335,816 a year ago. Loss for the period was PKR 7,202,168 against PKR 29,614,015 a year ago. Loss per share was PKR 0.14 against PKR 0.56 a year ago.