First National Bank Modaraba reported earnings results for the second quarter and half year ended December 31, 2014. For the quarter, the company reported total income of PKR 256,790,091 compared to PKR 288,748,273 a year ago. Operating profit before provision and taxation was PKR 3,721,589 compared to PKR 6,099,950 a year ago. Loss before and after taxation was PKR 101,393,354 compared to PKR 33,400,050 a year ago. Basic and diluted loss per certificate was PKR 4.06 compared to PKR 1.34 a year ago.

For the period, the company reported total income of PKR 122,808,066 compared to PKR 134,378,575 a year ago. Operating profit before provision and taxation was PKR 2,800,093 compared to operating loss before provision and taxation of PKR 6,076,288 a year ago. Loss before and after taxation was PKR 88,041,850 compared to PKR 34,576,288 a year ago. Basic and diluted loss per certificate was PKR 3.52 compared to PKR 1.38 a year ago.