B.F. Modaraba Records a Loss in Jan-Feb 2024

Karachi, B.F. Modaraba (BFMOD), another entity under the modarabas sector on the Pakistan Stock Exchange, experienced a downturn, reporting an earnings per share (EPS) of -Rs. 0.80 for the period of January-February 2024. Since its listing in 1989, the company faced challenges in the recent period, as indicated by the negative earnings. BFMOD, with a paid-up capital of Rs. 75.15 million, did not announce any distributions for its shareholders for the fiscal year 2022-2023.