Karachi: First Equity Modaraba (FEM) has announced a Corporate Briefing Session slated for December 24, 2025, at 2:30 p.m. The session, which will be held at the Modaraba’s registered office in Karachi and via video link, aims to inform investors, analysts, and certificate holders about FEM’s current financial performance and future outlook. Interested parties are encouraged to register at least 24 hours in advance via the provided email address.
FEM was established in 1991 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. It is managed by Premier Financial Services (Private) Limited (PFSL), a company incorporated in Pakistan. PFSL is part of the Crescent Group, which has direct stakes in over twenty business sectors. This wide-ranging expertise is leveraged by FEM for strategic decision-making.
Designated as a perpetual, multipurpose modaraba, FEM engages in various fund and fee-based activities, including trading, manufacturing, equity investment, brokerage, and financing. It is listed on the Pakistan Stock Exchange Ltd.
According to information available from the Pakistan Stock Exchange (PSX), FEM’s shareholding pattern as of June 30, 2025, indicates that the general public (local) holds 58.9571% of the shares, while associate companies hold 25.9245%. The total issued share capital stands at 52.44 million, with 34.66 million classified as free float shares.
FEM’s financial data over the past five years reveals fluctuating net profits and losses. The company recorded a net loss of 5.86 million in the most recent fiscal year, a decline from the previous year’s profit of 16.42 million. The earning per certificate was reported at a loss of 0.11, with a total cash distribution of 26.22 million and a distribution per certificate of 0.50.
The briefing session is expected to shed light on these financials and provide clarity on FEM’s strategic direction.