Orient Rental Modaraba Announces Earnings for JanuaryFebruary 2024 Period

Karachi, Orient Rental Modaraba (ORM), listed on the Pakistan Stock Exchange, reported its earnings for the JanuaryFebruary 2024 period. The company, with a paidup capital of Rs. 750 million, listed in 2017, recorded a daily weighted average rate of 6.71, with a turnover of 864,000. Despite a high rate of 7.67 and a low rate of 0 during the period, ORM announced no distributions for the fiscal year ending in June 2024, maintaining a market lot of 500. The earnings per share (EPS) for the period were recorded at Rs. 2.50.