First National Bank Modaraba reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported revenue was PKR 5.23 million compared to PKR 27.11 million a year ago. Net loss was PKR 3.38 million compared to net income of PKR 19.68 million a year ago. Basic loss per share from continuing operations was PKR 0.14 compared to basic earnings per share from continuing operations of PKR 0.79 a year ago.
For the nine months, revenue was PKR 46.56 million compared to PKR 33.35 million a year ago. Net income was PKR 8.66 million compared to PKR 8.49 million a year ago. Basic earnings per share from continuing operations was PKR 0.35 compared to PKR 0.34 a year ago.