Karachi, Orix Modaraba informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on October 25, 2021 at Karachi, is in progress.
ORIX Modaraba was formed and managed by ORIX Services Pakistan (Private) Limited. The Modaraba is a perpetual Modaraba and is primarily engaged in financing of plant and machinery, motor vehicles both commercial and private, computer equipment and housing under the modes of Ijarah Islamic leasing and Diminishing Musharika. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba. The Modaraba may also invest in commercial and industrial ventures suitable for the Modaraba.
The total numbers of shares are 45,383,530. The Earnings per share is 2.81 in 2020 which was 2.78 in 2019. The Profit After Taxation is 127,458,000 in 2020 which was 126,057,000 in 2019.