Skip to Content

Monday, October 15th, 2018

First UDL Modaraba Management (Private) Limited’s financial results for the quarter ended September 30, 2011

Be First!

Karachi: We hereby inform you that the Board of Directors of First UDL Modaraba Management (Private) Limited (FUDLM), Manager of First UDL Modaraba in their meeting held on October 28, 2011 at 10:00 a.m. at 8th Floor, NIC Building, Abbasi Shaheed Road Karachi, recommended the following:

(i) Cash Dividend

Nil

(ii) Bonus Certificate

Nil

(iii)Right Certificates

Nil

The financial results of First UDL Modaraba are enclosed herewith.

Profit and Loss Account (Un-Audited) for the First Quarter Ended September 30, 2011

 

Sept. 2011

Sept. 2010

Rupees in `000′

Revenues
– Ijarah Operation  21,865 14,500
– Musharika 7,527 11,400
– Investments (2,784)  12,586
– Other sources  4,450  111
——  ——
Expenses
– Administrative expenses  5,360 5,539
– Amortization on assets leased out  17,221 12,210
——  ——
22,581 17,749
——  ——
Operating Profit  8,477 20,848
Unrealized gain / (loss) on re-measurement of investments
at fair value through profit or loss  2,707  (145)
Share of profit from associates (Unrealized) 7,108 2,415
 ——  ——
9,815 2,270
——  ——
Profit for the quarter 18,292 23,118
——  ——
Earnings per certificate – basic and diluted 0.70 0.88

 

For more information, contact:
First UDL Modaraba Management (Private) Limited
NIC Building, 8th Floor,
Abbasi Shaheed Road,
Off: Shahrah-e-Faisal,
Karachi – 75530, Pakistan
Tel: 3563 5501-4
Fax: 3563 5505
E-mail: info@udlmodaraba.com
Web: www.udlmodaraba.com

Previous
Next

Leave a Reply