First Fidelity Leasing Modaraba reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 2.23 million compared to PKR 5.96 million a year ago. Revenue was PKR 3.93 million compared to PKR 7.22 million a year ago. Net income was PKR 1.98 million compared to PKR 0.315054 million a year ago. Basic earnings per share from continuing operations was PKR 0.08 compared to PKR 0.01 a year ago.
For the nine months, sales was PKR 8.74 million compared to PKR 13.05 million a year ago. Revenue was PKR 13.85 million compared to PKR 18.9 million a year ago. Net loss was PKR 1.95 million compared to net income of PKR 2.11 million a year ago. Basic loss per share from continuing operations was PKR 0.07 compared to basic earnings per share from continuing operations of PKR 0.08 a year ago.