First Fidelity Leasing Modaraba reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 2.97 million compared to PKR 3.04 million a year ago. Revenue was PKR 4.56 million compared to PKR 6.5 million a year ago. Net loss was PKR 2.14 million compared to PKR 8.56 million a year ago. Basic loss per share from continuing operations was PKR 0.081 compared to PKR 0.324 a year ago.
For the six months, sales was PKR 6.5 million compared to PKR 7.08 million a year ago. Revenue was PKR 9.91 million compared to PKR 11.67 million a year ago. Net loss was PKR 3.93 million compared to net income of PKR 1.8 million a year ago. Basic loss per share from continuing operations was PKR 0.149 compared to basic earnings per share from continuing operations of PKR 0.068 a year ago.