Inactive Instrument

Modaraba Al-Mali

Equities

MODAM

PK0032801018

Modaraba Al-Mali Reports Earnings Results for the Full Year Ended June 30, 2019

September 30, 2019 at 01:02 pm IST

Modaraba Al-Mali announced earnings results for the full year ended June 30, 2019. For the full year, the company announced net income was PKR 7.964 million compared to PKR 11.593 million a year ago. Basic earnings per share was PKR 0.43 compared to PKR 0.63 a year ago.

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Company Profile

Modaraba Al-Mali (the Modaraba) is a Pakistan-based multipurpose and perpetual Modaraba company. The Modaraba is undertaking Islamic venture capital, private equity, and corporate and financial restructuring / rehabilitation transactions of potentially viable companies through resource mobilization. The Modaraba is in the business of restructuring and reviving of the dormant and listed shell companies. The Modaraba has one reportable segment, which is Financing / Investments. The Financing / Investments segment includes dividend income, trading of securities, diminishing musharaka and investments.

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