First National Bank Modaraba reported unaudited earnings results for the second quarter and half year ended December 31, 2015. For the half year, the company reported total income of PKR 180,417,353 compared to PKR 256,790,091 a year ago. Operating profit before provision and taxation was PKR 7,963,419 compared to PKR 3,721,589 a year ago. Loss before and after taxation was PKR 49,637,484 compared to PKR 101,393,354 a year ago. Basic and diluted loss per certificate was PKR 1.99 compared to PKR 4.06 a year ago.

For the quarter, the company reported total income of PKR 84,979,378 compared to PKR 122,808,066 a year ago. Operating profit before provision and taxation was PKR 4,940,305 compared to PKR 2,800,093 a year ago. Loss before and after taxation was PKR 40,678,041 compared to PKR 88,041,850 a year ago. Basic and diluted loss per certificate was PKR 1.63 compared to PKR 3.52 a year ago.