B.F. Modaraba Faces Challenges with Negative Earnings Report

Karachi, B.F. Modaraba (BFMOD) has reported a downturn in its financial performance, according to the latest data from the Pakistan Stock Exchange. The company's EPS for January to February 2024 recorded a negative figure of Rs. (0.80), signaling financial challenges. With a paid-up capital of Rs. 75.15 million, B.F. Modaraba has not declared any distributions for the current or previous fiscal year. Established in 1989, the company's performance reflects the volatile market conditions impacting its operations.