Sindh Modaraba Shares Financial Statistics for 2023

Karachi, Sindh Modaraba (SINDM) released its financial outcomes for the year ending in June 2023. Closing at Rs. 7.87 on the PSE, the modaraba declared distributions of 10% and 12% and bonuses of 12.50% for the year 2023. With a paid-up capital of Rs. 450 million, SINDM observed a high rate of Rs. 6 and a turnover of Rs. 498000 from January to September 2023. The company, listed since 2015, holds a par value of Rs. 10 and a market lot of 500, with the last book closure on 19/10.