FIRST EQUITY MODARABA announced unaudited company and consolidated earnings results for the quarter and nine months ended March 31, 2019. For the quarter, on company basis, the company reported income of PKR 5,058,483 against PKR 5,715,529 a year ago. Operating loss was PKR 441,865 against profit of PKR 955,294 a year ago. Loss for the period was PKR 441,865 against profit of PKR 955,294 a year ago. Loss per certificate was PKR 0.008 against profit of PKR 0.018 a year ago. For the nine months, on company basis, the company reported income of PKR 13,921,575 against PKR 15,525,914 a year ago. Operating loss was PKR 956,819 against profit of PKR 1,525,360 a year ago. Loss for the period was PKR 956,819 against profit of PKR 1,525,360 a year ago. Loss per certificate was PKR 0.018 against profit of PKR 0.029 a year ago. For the quarter, on consolidated basis, the company reported income of PKR 8,627,094 against PKR 50,081,519 a year ago. Operating loss was PKR 9,441,153 against profit of PKR 33,211,735 a year ago. Loss for the period was PKR 22,946,441 against profit of PKR 24,420,550 a year ago. Loss per certificate was PKR 0.44 against profit of PKR 0.47 a year ago. For the nine months, on consolidated basis, the company reported income of PKR 83,757,454 against PKR 96,301,966 a year ago. Operating profit was PKR 31,476,977 against PKR 47,573,633 a year ago. Loss for the period was PKR 16,661,330 against PKR 15,027,358 a year ago. Loss per certificate was PKR 0.32 against PKR 0.29 a year ago.