Elite Capital Modaraba Faces Setback in Recent Financial Period

Karachi, Elite Capital Modaraba 1st (FECM) reported a loss, with an earnings per share of -Rs. 0.62 for January-February 2024. With a paid-up capital of Rs. 113.40 million, the company, which has been part of the Pakistan Stock Exchange since 1992, did not declare any dividends for the fiscal year 2022-2023, reflecting a challenging period for the entity.