First Equity Modaraba was formed in 1991 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. It is managed by Premier Financial Services (Private) Limited. The Modaraba is a perpetual, multi purpose modaraba able to undertake a variety of fund and fee based activities. These include trading, manufacturing, equity investment and their financing and facilitation. The Modaraba is a TREC holder of Pakistan Stock Exchange Limited.
| Adil A. Ghaffar | CEO |
| Nadeem Maqbool | Chairperson |
| Qazi Obaid Ullah | Company Secretary |
B-1004, 10th Floor Lakson Square Building # 3, Sarwar Shaheed Road, Karachi.
THK Associates (Pvt) Ltd 1st Floor, 40-C, Block 6, PECHS, Karachi
M/s Baker Tilly Mehmood Idrees Qamer & Co Chartered Accountants
June
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Total Income | 9,025 | 4,866 | 22,850 | 44,880 |
| Profit after Taxation | (19,436) | (22,346) | (6,724) | 16,421 |
| Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | |
|---|---|---|---|---|
| Total Income | 1,781 | 604 | 6,068 | 562 |
| Profit after Taxation | (3,087) | (4,072) | (395) | (4,589) |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| EPS Growth (%) | 13.95 | (230.77) | (141.94) | 381.82 |
| PEG | (0.51) | 0.04 | 0.41 | 0.06 |
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| October 5, 2021 2:56 PM | 30/06/2021(YR) | 5% (D) | 11/10/2021 - 20/10/2021 |
| October 9, 2017 10:59 AM | 30/06/2017(YR) | 6% (D) | 14/10/2017 - 26/10/2017 |
| October 10, 2016 1:30 PM | 30/06/2016(YR) | 1.3% (D) | 18/10/2016 - 29/10/2016 |
| November 10, 2015 12:05 PM | 30/06/2015(YR) | 1.70% (D) | 14/11/2015 - 26/11/2015 |
| October 10, 2014 11:06 AM | 30/06/2014(YR) | 3.75% (D) | 15/11/2014 - 27/11/2014 |
| October 8, 2007 11:24 AM | 30/06/2OO7(YR) | 2.5% (D) | - |
| September 28, 2005 10:55 AM | - | DIVIDEND FOR THE YEAR ENDED 3O/O6/2OO5 NIL | - |
