Punjab Modaraba Faces Challenges with Negative Earnings Per Share

Lahore, Punjab Modaraba, listed on the Pakistan Stock Exchange since 1993, has reported a negative earnings per share (EPS) of Rs. (2.54) for the fiscal year 2022/2023. The company, which has a substantial paid-up capital amounting to Rs. 340.20 million, did not declare any dividend for the year, highlighting potential financial hurdles. Punjab Modaraba operates under the first non-commercial category, focusing on a variety of financial services within the Modaraba sector. The absence of dividend distribution for the current period is a departure from its usual financial practices, attracting attention from investors and market spectators.