Equity Modaraba First announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was PKR 103.551 million compared to PKR 16.871 million a year ago. Operating income was PKR 79.855 million compared to operating loss of PKR 2.793 million a year ago. Net income was PKR 63.020 million compared to net loss of PKR 3.544 million a year ago. Basic earnings per share from continuing operations was PKR 1.2 compared to basic loss per share from continuing operations of PKR 0.07 a year ago. For the nine months, sales was PKR 185.965 million compared to PKR 137.269 million a year ago. Operating income was PKR 120.335 million compared to PKR 74.033 million a year ago. Net income was PKR 105.135 million compared to PKR 29.095 million a year ago. Basic earnings per share from continuing operations was PKR 2 compared to PKR 0.55 a year ago.