Karachi, First Habib Bank Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 294,000 shares @ 8.97 per share were bought from the market on February24, 2022 through CDC.
First Habib Modaraba was established in 1985 as Non-Bank Islamic Financial Institution as one of the pioneers within Modaraba sector. First Habib Modaraba is a perpetual, multi-purpose modaraba managed by Habib Metropolitan Modaraba Management Company (Private) Limited. The Modaraba is engaged in the business of leasing, Musharaka, Murabaha financing and other related business.
The total number of shares of the Company are 201,600,000. The Earnings per share is 1.57 in 2020 which was 1.59 in 2019. The Profit after Taxation of the Company is 316,683,000 in 2020 which was 319,685,000 in 2019.