First Fidelity Leasing Modaraba Reports Slight Loss in Earnings

Karachi, First Fidelity Leasing Modaraba (FFLM), with a launch year of 1992 and a paidup capital of Rs. 264.14 million, disclosed a daily weighted average rate of Rs. 3.1 with a market fluctuation between Rs. 2.65 and Rs. 3.1. The turnover stood at 5,000. For the fiscal year ending in June 2022/2023, FFLM reported a negative EPS of Rs. (0.09), and no dividends were announced for its shareholders. The previous book closure was on November 21, indicating a minor setback in its financial performance.