First Punjab Modaraba reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PKR 19.51 million compared to PKR 22.03 million a year ago. Revenue was PKR 83.46 million compared to PKR 63.26 million a year ago.

Net income was PKR 0.6733 million compared to PKR 4.89 million a year ago. Basic earnings per share from continuing operations was PKR 0.02 compared to PKR 0.14 a year ago.