Karachi, First Pak Modaraba informed Pakistan Stock Exchange that Annual Report of the Company for the year ended June 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.
First Pak Modaraba is a multipurpose, perpetual Modaraba. The Modaraba is currently engaged in various modes of Islamic funding’s and businesses which include ijarah financing, deployment of funds in Musharaka, morabaha and investment in securities.
The total number of shares are 12,540,000. The Earnings per share is 0.15 in 2020 which was 0.04 in 2019. The Profit after Taxation of the Company is 1,845,000 in 2020 which was 514,000 in 2019.