Board of directors meeting of First Fidelity Leasing Modaraba

Board Meetings

Karachi, First Fidelity Leasing Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 06, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 30, 2021 to October 06, 2021.

The First Fidelity Leasing Modaraba is a perpetual, multipurpose and multidimensional modaraba and is primarily engaged in the business of leasing, musharika and morabaha financing, equity investment and other related business. The Modaraba is a corporate member of the National Commodity Exchange Limited. It is managed by Fidelity Capital Management Company (Pvt.) Ltd. Registered office of the Modaraba is situated in Ground Floor 90,A-1 Canal Bank Gulberg-II, Lahore.

The total numbers of shares are 26,413,804. The Earnings per share is (0.18) in 2020 which was 0.04 in 2019. The Profit after Taxation is (4,653,000) in 2020 which was 1,150,000 in 2019.