Punjab Modaraba Maintains Steady Performance in 2023

Karachi, (PPI Bot): Punjab Modaraba 1st NC, symbol FPJM, closed with a daily weighted average rate of Rs. 1.68. The modaraba, with a paid-up capital of Rs. 340.20 million, did not announce any distributions for 2023. Listed in 1993, Punjab Modaraba reported an EPS of Rs. 0.22 for Jan-Oct 2023, a growth from Rs. 0.65 in 2021 and Rs. 1.9 in 2022. The turnover reached 1,858,000, with both high and low rates at Rs. 1.68.