Karachi, The financial results for Elite Capital Modaraba 1st (FECM) for the year ending June 2023 are now public. FECM closed at a rate of Rs. 3.10 on the PSE and has a paid-up capital of Rs. 113.40 million. The modaraba declared a distribution of 3% for the present year. During January to September 2023, the rates for FECM spanned from a high of Rs. 2.12 to a low of Rs. 894500. FECM, with a par value of Rs. 10 and a market lot of 500, was listed in 1992. The previous book closure was recorded on 20/10.