Transaction of 7,000 shares of First Elite Capital Modaraba

Karachi, First Elite Capital Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 7,000 shares @ Rs. 3.64 per share were bought from the market on November 19, 2021 through CDC.

First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional non-trading Modaraba. It is managed by Crescent Modaraba Management Company Limited. The Modaraba is primarily engaged in the business of ijarah, musharakas and murabahas financing, investment in marketable securities and other related businesses.

The total numbers of shares are 11,340,000. The Earnings per share is (0.46) in 2020 which was (0.39) in 2019. The Company had a loss of Rs. 5,272,000 in 2020 which was 4,371,000 in 2019.