Prudential Modaraba 1st Reports Modest Earnings, Offers Dividend

Karachi, Prudential Modaraba 1st (PMI) noted an earnings per share of 1.57 rupees for the current fiscal quarter. The share price adjusted slightly from 1.84 to 1.86 rupees, amidst a turnover reflecting modest activity. The company announced a dividend of 3%, up from 1.70% the previous year, signaling a positive adjustment in its shareholder returns. Founded in 1990, Prudential Modaraba 1st has a substantial paid-up capital of over 1.29 billion rupees and a market lot size of 500.