B.F. Modaraba Reflects Market Challenges with Negative EPS

Business & Finance

Karachi, B.F. Modaraba, another key player in the sector, traded 33,000 shares at an average rate of Rs. 75.15. The company's performance reflected through a negative EPS of -0.80 for the period from January to April 2024, showing potential market challenges. According to information available from the Pakistan Stock Exchange (PSX), despite a steady share rate, the modaraba did not propose any dividends for this year, marking a cautious approach in its financial strategies.