Financial results of First Treet Manufacturing Modaraba for Quarter ended March 31, 2022.

Karachi -- First Treet Manufacturing Modaraba informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 26, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a loss of Rs. 261,057 with loss per share 0.30 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/185965.pdf

Treet Corporation was setup in 1952 and is almost as old as the country itself. Companies within Group are Semi-Autonomous units responsible for their own budgeting, new products launch, market decisions and new venture exploration and pricing. Operating as strategic business units, they are treated as internal profit...

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