Financial results of First Fidelity Leasing Modaraba for Quarter ended December 31, 2017

Financial Results

Karachi, First Fidelity Leasing Modarabainformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 26, 2018.

The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 40,043,620 with earnings per share 1.52 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from February 19, 2018 to February 26, 2018 (both days inclusive).

The First Fidelity Leasing Modaraba is a perpetual, multipurpose and multi-dimensional Modaraba incorporated under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. It is managed by Fidelity Capital Management Company (Pvt.) Ltd. Registered office of the Modaraba is situated in Ground Floor 90,A-1 Canal Bank Gulberg-II, Lahore. It is listed on all Stock Exchanges in Pakistan.

The symbol “FFLM” is being used by the stock exchange for the shares of The First Fidelity Leasing Modaraba.