First Equity Modaraba Reports Consolidated and Parent Earnings Results for the Quarter Ended September 30, 2017
First Equity Modaraba reported consolidated and parent earnings results for the quarter ended September 30, 2017. For the period, on parent basis, income was PKR 5,770,740 against PKR 8,635,473 a year ago. Profit for the period was PKR 898,104 or PKR 0.017 per earnings certificate against PKR 3,532,475 or PKR 0.067 per earnings certificate a year ago.
For the period, on consolidated basis, income was PKR 10,362,015 against PKR 9,427,578 a year ago. Operating loss was PKR 6,005,150 against PKR 6,803,436 a year ago. Loss before taxation was PKR 28,149,206 against PKR 20,812,728 a year ago. Loss for the period was PKR 32,793,343 or PKR 0.625 per loss certificate against PKR 26,429,316 or PKR 0.504 per loss certificate a year ago.