Modaraba Al-Mali Reports Earnings Decline Despite Rights Issue

Karachi, Modaraba Al-Mali NC has experienced a slight decline in earnings, reporting an EPS of Rs. -0.05 for January to April 2024, According to information available from the Pakistan Stock Exchange (PSX), The company issued a 14.34% rights share but still faces financial challenges. Listed in 1987, it has a paid-up capital of Rs. 98.31 million.