Habib Modaraba Announces Significant Profit and Distributions

Karachi, Habib Modaraba 1st (FHAM), a long-standing player since 1985 with a paid-up capital of Rs. 1,108.31 million, reported significant profits for the year ending January 2024. The company's EPS was an impressive Rs. 2.34. FHAM declared a 20% distribution for its shareholders. The daily weighted average rate of the stock was Rs. 7.26.