Karachi: The Board of Directors of UNICAP Modaraba (UCAPM) has released the 2nd Quarterly Financial Statements for the six months ending December 31, 2024, marking significant strides towards sustainability. During this period, the Modaraba has successfully reduced its operational and administrative costs compared to the same period last year, indicating a positive trajectory in financial health.

The Modaraba has embraced a strategic vision of business growth which has been actualized through the booking of fresh assets and the development of new products and services. This strategy underscores the Modaraba's commitment to enhancing its market presence and ensuring long-term viability.

The Board of Directors acknowledges the unwavering support and guidance of the company's Sponsors, who have consistently demonstrated their commitment to the Modaraba's revival by injecting Private Money. The Board also extends gratitude to the certificate holders for their enduring trust and support, which has been instrumental in the Modaraba's journey towards recovery.

According to information available from the Pakistan Stock Exchange (PSX), the Modaraba has positioned itself within the financial services market category, with a strategic focus on sustainability and growth. The financial statements reveal that the proactive planning and strategies implemented by Map Out Management Company (Private) Limited, managers of UNICAP Modaraba, are effectively steering the Modaraba towards becoming an active and sustainable business entity.

The Board is also appreciative of the Securities and Exchange Commission of Pakistan (SECP) for their continuous guidance and support, which has been pivotal in the Modaraba's ongoing revival efforts.