First Equity Modaraba has released its quarterly financial report for the period ended September 30, 2026, revealing a significant increase in losses compared to the previous year.
- Loss for the quarter amounted to PKR (30.35M), up from PKR (1.76M) in the same period last year.
- Loss per certificate stands at PKR (0.58), compared to PKR (0.034) last year.
- Total revenue for the quarter was PKR 1.87M, down from PKR 5.19M year-on-year.
- Operating expenses were PKR 6.24M, slightly reduced from PKR 7.09M in the previous year.
- The breakup value per certificate as of September 30, 2026, is PKR 10.91.
- The report is unaudited and reflects ongoing challenges in the capital market amidst political uncertainty.