Popular Islamic Modaraba Releases Financial Details for 2023

Karachi, Popular Islamic Modaraba (PIM) shared its financial figures for the year ending June 2023. The modaraba closed at a rate of Rs. 9.00 on the PSE with a paid-up capital of Rs. 140 million. PIM declared distributions of 4.034%, 3.744%, and bonuses of 4.557% for 2023. Between January and September, the company reached a high rate of Rs. 6 with a turnover of Rs. 140000. PIM, which has been listed since 2016, holds a par value of Rs. 10 and a market lot of 500, with the last book closure on 16/10.