B.F. Modaraba Records Negative Earnings in FY 2023

Karachi, B.F. Modaraba (BFMOD), a financial institution operating under the regulatory framework of the Pakistan Stock Exchange, reported a negative earnings per share (EPS) of Rs. (0.80) for the fiscal year 2022/2023. With a paid-up capital of Rs. 75.15 million and listed since 1989, the company experienced a daily weighted average rate of Rs. 5.8, peaking at Rs. 5.5 and dipping to Rs. 11000 in turnover. The company announced no dividend for the year ending in June 2023.