Elite Capital Modaraba Struggles with Negative EPS, No Dividend Announced

Karachi, Elite Capital Modaraba (FECM) reported a negative EPS of Rs. 0.62 for the first quarter of 2024, a decline from last year’s positive EPS of Rs. 6.25. Today’s trading rate stood at Rs. 5.24, with a high rate this year of Rs. 269000. FECM, listed since 1992, did not announce any dividends and maintains a market lot of 500.