Habib Modaraba Records Strong Earnings in 2023

Karachi, (PPI Bot): Habib Modaraba 1st. NC, identified as FHAM, closed with a daily weighted average rate of Rs. 7.32. The modaraba, with a paid-up capital of Rs. 1,108.31 million, announced a 28% distribution for 2023. Listed in 1985, Habib Modaraba reported an EPS of Rs. 1.80 for Jan-Oct 2023, an improvement from Rs. 6.5 in 2021 and Rs. 8.2 in 2022. The turnover reached 3,437,000, with a high rate of Rs. 7.24 and a low rate of Rs. 7.32.