FIRST EQUITY MODARABA
CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE QUARTER ENDED SETEMBER 30, 2023
September | September | |
2023 | 2022 | |
Rupees | Rupees | |
Income | 449,668 | 2,742,724 |
Expenditure | ||
Operating expenses | (5,084,131) | (4,851,981) |
Bank charges | (432) | (85) |
(5,084,563) | (4,852,066) | |
(4,634,895) | (2,109,342) | |
Other income | 112,492 | 32,482 |
Profit Before Taxation | (4,522,403) | (2,076,860) |
Provision for Taxation | (66,381) | (225,653) |
Profit after Taxation | (4,588,784) | (2,302,513) |
Earnings per certificate | (0.088) | (0.044) |
FIRST EQUITY MODARABA
CONDENSED INTERIM PROFIT AND LOSS ACCOUNT - CONSOLIDATED FOR THE QUARTER ENDED SETEMBER 30, 2023
September | September | ||
2023 | 2022 | ||
Rupees | Rupees | ||
Income | 41,177,384 | (34,708,503) | |
Expenditures | |||
Operating expenses | (24,205,986) | (22,085,351) | |
Distribution and selling expenses | (7,248,906) | (5,329,364) | |
(31,454,892) | (27,414,715) | ||
Operating profit | 9,722,492 | (62,123,218) | |
Financial charges | (14,756,417) | (16,263,484) | |
(5,033,925) | (78,386,702) | ||
Other income | 2,326,376 | 2,453,345 | |
(2,707,549) | (75,933,357) | ||
Other charges | (100,506) | - | |
Profit before taxation | (2,808,055) | (75,933,357) | |
Taxation | |||
- current | (20,510,513) | (10,816,556) | |
- prior | (2,470,915) | - | |
- deferred | 18,658,164 | 22,114,171 | |
(4,323,264) | 11,297,615 | ||
Profit for the period | (7,131,319) | (64,635,742) | |
Earnings per certificate | (0.14) | (1.23) | |