Elite Capital Modaraba Faces Downturn with Negative Earnings

Karachi, Elite Capital Modaraba 1st (FECM) experienced a challenging year, reporting an earnings per share (EPS) of -Rs. 0.62 for the year ending in June 2023. Despite a high share price of Rs. 6.25, the turnover reached 253,500 shares. With a signifi…