First Al-Noor Modaraba reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was PKR 12.48 million compared to PKR 11.86 million a year ago. Net income was PKR 3.22 million compared to net loss of PKR 0.45666 million a year ago. Basic earnings per share from continuing operations was PKR 0.14 compared to basic loss per share from continuing operations of PKR 0.02 a year ago.
For the six months, revenue was PKR 19.39 million compared to PKR 24.23 million a year ago. Net income was PKR 2.6 million compared to PKR 3.05 million a year ago. Basic earnings per share from continuing operations was PKR 0.11 compared to PKR 0.13 a year ago.