Modaraba Al-Mali Reports Strong Distributions and High EPS

Karachi, (PPI Bot): Modaraba Al-Mali, operating under the symbol MODAM on the PSE, closed at a rate of 3.42, slightly above its daily weighted average of 3.47. The company, listed since 1987 with a paid-up capital of 908.17 million Rupees, announced a significant 331% distribution in 2021, followed by 14.34% in 2023. Modaraba Al-Mali achieved a high rate of 5.7 from January to October 2023 and reported a turnover of 17,147,500. Its EPS for 2021/2022 was notably high at 1.83.