Transmission of Quarterly Report for the Period Ended December 31, 2021 of First Elite Capital Modaraba

General

Karachi, First Elite Capital Modaraba informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional non-trading Modaraba. It is managed by Crescent Modaraba Management Company Limited. The Modaraba is primarily engaged in the business of ijarah, musharakas and murabahas financing, investment in marketable securities and other related businesses.

The total numbers of shares are 11,340,000. The Earnings per share is (0.46) in 2020 which was (0.39) in 2019. The Company had a loss of Rs. 5,272,000 in 2020 which was 4,371,000 in 2019.