First National Bank Modaraba reported earnings results for the third quarter and nine months ended of March 31, 2017. For the quarter, the company reported income of PKR 35,593,192 compared to PKR 70,308,309 a year ago. Operating profit before provision and taxation was PKR 1,103,220 compared to PKR 2,608,037 a year ago. Loss before taxation was PKR 5,271,617 compared to PKR 10,770,037 a year ago. Loss after taxation was PKR 5,271,617 compared to PKR 10,770,037 a year ago. Basic and diluted loss per share was PKR 0.21 compared to PKR 0.43 a year ago. For the nine months, the company reported income of PKR 144,450,894 compared to PKR 250,725,662 a year ago. Operating profit before provision and taxation was PKR 10,183,531 compared to PKR 10,571,456 a year ago. Loss before taxation was PKR 35,300,785 compared to PKR 60,407,521 a year ago. Loss after taxation was PKR 35,300,785 compared to PKR 60,407,521 a year ago. Basic and diluted loss per share was PKR 1.41 compared to PKR 2.42 a year ago.