First National Bank Modaraba reported unaudited earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported revenues of PKR 145,710,738 compared to PKR 140,477,844 a year ago. Loss available for appropriation was PKR 30,799,626 or PKR 0.05 per basic and diluted loss Modaraba certificate compared to profit available for appropriation of PKR 32,045,390 or PKR 0.13 per basic and diluted loss Modaraba certificate for the same quarter year ago. Loss was PKR 1,357,788 against profit of PKR 3,671,031 a year ago.

For the nine months, the company reported revenues of PKR 434,459,011 compared to PKR 413,423,570 a year ago. Loss available for appropriation was PKR 30,799,626 or per PKR 1.39 basic and diluted loss per Modaraba certificate compared to profit available for appropriation of PKR 59,025,566 or PKR 0.53 per basic and diluted loss Modaraba certificate for the same quarter year ago. Loss was PKR 34,757,838 against profit of PKR 13,204,810 a year ago.