Home / Financial Results / First Fidelity Leasing Limited’s financial results for the quarter ended September 30, 2011

First Fidelity Leasing Limited’s financial results for the quarter ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of our Modaraba in their meeting held on October 28, 2011 at 2.30 p.m. Ground Floor, 90, A-1, Canal Bank, Gulberg II, Lahore and recommended the following.

(i) Cash Dividend                                  NIL
(ii) Bonus Share                                   NIL
(iii) Rights Shares                                NIL
(iv) Any Other Entitlement/ Corporation Action     NIL
(v) Any Other Price – Sensitive Information        NIL

The financial results of the Modaraba are attached as annexure “A”.

 

ANNEXURE “A”

Rupees

Rupees

Sept. 2011

Sept. 2011

Income 7,418,223 12,041,894
Expenses 5,379,462 10,898,057
———- ———-
Operating profit before provisions and taxation 2,038,761 1,143,837
Provision for non performing receivables  –
 ———- ———-
2,038,761 1,143,837
Modaraba Company’s management fee 185,342 103,985
———-  ———-
Profit before taxation 1,853,419 1,039,852
Taxation  –
 ———- ———-
Profit after taxation 1,853,419  1,039,852
 ———- ———-
Profit per certificate basic and diluted  0.07 0.04

 

For more information, contact:
Mohammad Waheed
Company Secretary
First Fidelity Leasing Limited
Ground Floor, 90, A-1,
Canal Bank, Gulberg II,
Lahore.
Tel: 042-2405555
Fax: 042-2402873

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