First Treet Mfg Modaraba Announces Steady Financial Performance in 2023

Karachi, First Treet Mfg Modaraba (FTMM) released its financial details for the year ending June 2023. Closing at a rate of Rs. 3.53, the company presented a significant paid-up capital of Rs. 8,835.90 million. No distributions or bonuses were declared for this year. FTMM observed a high rate of Rs. 3.2 and a turnover of Rs. 2236000 from January to September 2023. Listed since 2016, the modaraba holds a par value of Rs. 10 and a market lot size of 500. The latest book closure was on 21/10.