Karachi, Equity Modaraba (FEM), listed since 1992, demonstrated resilience in the market with positive earnings for 2023. The company's earnings per share stood at Rs 0.31, with a daily weighted average rate of Rs 3.43 and a paid-up capital of Rs 524.40 million. FEM's performance in the stock market remained stable, reflecting a steady business approach. No distributions were announced for the year, indicating a focus on sustaining the company's financial health.