First Fidelity Leasing Modaraba announced earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported total income of PKR 596,332 compared with PKR 4,316,737 for the same period a year ago. Operating loss before provisions and tax was PKR 1,829,328 compared with operating profit before provisions and tax of PKR 468,836 for the same period a year ago. Loss before tax was PKR 1,829,328 compared with profit before tax of PKR 468,836 for the same period a year ago. Loss before tax was PKR 1,829,328 or PKR 0.07 per basic and diluted share compared with profit before tax of PKR 468,836 or PKR 0.02 per basic and diluted share for the same period a year ago. For the nine months, the company reported total income of PKR 2,857,055 compared with PKR 7,681,183 for the same period a year ago. Operating loss before provisions and tax was PKR 5,504,646 compared with PKR 4,279,299 for the same period a year ago. Loss before tax was PKR 5,504,646 compared with PKR 4,279,299 for the same period a year ago. Loss before tax was PKR 5,504,646 or PKR 0.21 per basic and diluted share compared with PKR 4,279,299 or PKR 0.16 per basic and diluted share for the same period a year ago.