Last close · 16 Oct 2026
Rs 13.47 -0.22%
Annual · FY2004 – FY2019
HBL Growth Fund (HGFA) income statement
HBL Growth Fund reported revenue of Rs 301.1 mn for FY2019 (Jul 2018 – Jun 2019), up 254.0% on FY2018.
| Rs mn | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 Jul 2009 – Jun 2010 | FY2009 Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 | FY2006 * Jul 2005 – Jun 2006 | FY2005 Jul 2004 – Jun 2005 | FY2004 Jul 2003 – Jun 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | 301.1 | 85.1 | 1,141.3 | 554.6 | 688.2 | 1,660.4 | 1,651.2 | 785.5 | 1,376.2 | 1,249.2 | (1,503.3) | 718.7 | 1,628.5 | 4,815.3 | 1,677.7 | 1,047.0 |
| Net income before tax | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 | (2,343.0) | (599.0) | 1,789.2 | 3,243.4 | 2,678.1 | 1,795.0 |
| Net income for the period | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 | (2,343.0) | (599.0) | 1,789.2 | 3,239.7 | 2,678.1 | 1,795.0 |
| Rs mn | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 Jul 2009 – Jun 2010 | FY2009 Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 | FY2006 * Jul 2005 – Jun 2006 | FY2005 Jul 2004 – Jun 2005 | FY2004 Jul 2003 – Jun 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | +254.0% | -92.5% | +105.8% | -19.4% | -58.6% | +0.6% | +110.2% | -42.9% | +10.2% | — | -309.2% | -55.9% | -66.2% | +187.0% | +60.2% | — |
| Net income before tax | — | -133.7% | +264.3% | — | -107.6% | +6.7% | +235.1% | -57.5% | +117.2% | — | — | -133.5% | -44.8% | +21.1% | +49.2% | — |
| Net income for the period | — | -133.7% | +264.3% | — | -107.6% | +6.7% | +235.1% | -57.5% | +117.2% | — | — | -133.5% | -44.8% | +21.0% | +49.2% | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 Jul 2009 – Jun 2010 | FY2009 Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 | FY2006 * Jul 2005 – Jun 2006 | FY2005 Jul 2004 – Jun 2005 | FY2004 Jul 2003 – Jun 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net income before tax | (252.5%) | (657.4%) | 145.5% | 82.2% | (20.2%) | 109.7% | 103.4% | 64.8% | 87.1% | 44.2% | — | (83.3%) | 109.9% | 67.4% | 159.6% | 171.4% |
| Net income for the period | — | (657.4%) | 145.5% | 82.2% | (20.2%) | 109.7% | 103.4% | 64.8% | 87.1% | 44.2% | — | (83.3%) | 109.9% | 67.3% | 159.6% | 171.4% |
Each line as a percentage of income.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 89
| Rs mn | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 Jul 2009 – Jun 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Investment Income - Gross - Investment | 591.8 | 807.0 | 562.3 | 418.6 | 425.6 | 457.5 | 1,651.2 | 785.5 | 1,376.2 | 1,249.2 |
| Dividend Income - Investments | 502.8 | 738.6 | 537.2 | 393.1 | 392.3 | 426.2 | 449.5 | 415.8 | 460.2 | 244.1 |
| Interest Income - Investment | 89.0 | 68.3 | 25.1 | 25.5 | 33.4 | 31.3 | 1,201.7 | 369.7 | 916.0 | 1,005.1 |
| Fees & Commissions Expense | 25.1 | 21.3 | 23.1 | 18.1 | 17.8 | 17.7 | 13.5 | 11.6 | 12.6 | 12.4 |
| Realized Capital Gain/(Loss) - Total | (290.6) | (721.9) | 579.0 | 135.9 | 262.6 | 1,202.9 | — | — | — | — |
| Investments Securities - Realized Gain/(Loss) | (290.6) | (721.9) | 579.0 | 135.9 | 262.6 | 1,202.9 | — | — | — | — |
| Investments & Loans - Business - Gain/(Loss) | (290.6) | (721.9) | 579.0 | 135.9 | 262.6 | 1,202.9 | — | — | — | — |
| Business-Related Financing Revenue - Other | — | — | — | — | — | — | — | — | 0.0 | 0.0 |
| Revenue from Business Activities - Total | 301.1 | 85.1 | 1,141.3 | 554.6 | 688.2 | 1,660.4 | 1,651.2 | 785.5 | 1,376.2 | 1,249.2 |
| Cost of Operating Revenue | — | 21.3 | 23.1 | 18.1 | 17.8 | 17.7 | 13.5 | 11.6 | 12.6 | 12.4 |
| Selling, General & Administrative Expenses - Total | 85.6 | 305.2 | 274.6 | 298.3 | 357.8 | 406.3 | 272.5 | 206.8 | 205.8 | 200.7 |
| Selling, General & Administrative Expenses - Unclassified | 57.9 | 11.0 | 30.6 | 10.5 | 55.3 | 65.9 | 42.2 | 32.5 | 26.1 | 37.8 |
| Investment Management Fees | 229.3 | 260.4 | 284.4 | 217.6 | 226.7 | 225.5 | 166.5 | 141.2 | 155.2 | 151.7 |
| Other Operating Expense/(Income) - Net | — | 25.7 | 0.0 | 3.4 | 6.3 | 7.1 | 21.6 | 4.5 | 4.4 | 4.3 |
| Performance/Incentive Investment Fees | 229.3 | 260.4 | 284.4 | 217.6 | 226.7 | 225.5 | 166.5 | 141.2 | 155.2 | 151.7 |
| Operating Expenses - Total | — | 352.2 | 297.7 | 319.9 | 381.9 | 431.1 | 307.6 | 222.8 | 222.8 | 217.4 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | (2.1) | 0.0 | (77.3) | 0.0 | 0.0 | 37.2 | 34.8 | 10.4 | 24.5 | 11.3 |
| Selling, General & Administrative Expenses - Other - Total | 29.8 | 33.8 | 37.0 | 70.2 | 75.7 | 77.7 | 28.9 | 22.6 | 0.0 | — |
| Operating Profit before Non-Recurring Income/(Expense) | — | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Property & Other Taxes | 29.8 | 33.8 | 37.0 | 70.2 | 75.7 | 77.7 | 28.9 | 22.6 | 0.0 | — |
| Other Operating Expense | — | — | — | — | — | 7.1 | 4.5 | — | — | — |
| Operating Provisions - Increase/(Decrease) | — | — | — | — | — | 0.0 | 17.2 | — | — | — |
| Normalized Pre-tax Profit | (46.4) | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Non-Recurring Income/Expense - Total | (714.0) | (292.2) | 816.8 | 221.0 | (445.2) | 592.0 | 363.2 | (53.4) | 44.8 | (480.1) |
| Fair Value Adjustments - Financial Investments | (714.0) | (292.2) | 816.8 | 221.0 | (445.2) | 592.0 | 363.2 | (53.4) | 44.8 | (480.1) |
| Provision for Income Tax Expense- Unclassified | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before Taxes | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Income Taxes | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income after Tax | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Income before Discontinued Operations & Extraordinary Items | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Net Income before Minority Interest | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Net Income after Minority Interest | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Income Available to Common Shares | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Other Comprehensive Income - Starting Line | — | (559.3) | — | — | — | — | — | — | — | — |
| Other Comprehensive Income - Unrealized Investment Gain/(Loss) | — | (567.8) | — | — | — | — | — | — | — | — |
| Other Comprehensive Income - Net of Tax - Total | — | (567.8) | — | — | — | — | — | — | — | — |
| Comprehensive Income before Minority Interest - Total | — | (1,127.1) | — | — | — | — | — | — | — | — |
| Comprehensive Income - Attributable to Parent Company Equity Holders - Total | — | (1,127.1) | — | — | — | — | — | — | — | — |
| DPS - Common - Gross - Issue - By Period End Date Rs | — | 0.00 | 2.75 | 0.75 | 0.00 | 0.00 | 4.50 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Income available to Common excluding Extraordinary Items | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Shares used to calculate Basic EPS - Total mn | — | 283.5 | 283.5 | 283.5 | 283.4 | 283.5 | 283.5 | 283.5 | 283.5 | 283.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | — | (0.94) | 2.98 | 0.83 | 1.08 | 4.34 | 4.74 | 1.98 | 4.07 | 3.64 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | — | — | — |
| Earnings Allocation Factor - Basic - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | — | — | — |
| Shares used to calculate Basic EPS - Issue Specific mn | — | 283.5 | 283.5 | 283.5 | 283.4 | 283.5 | 283.5 | — | — | — |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | — | (0.94) | 2.98 | 0.83 | 1.08 | 4.34 | 4.74 | 1.98 | 4.07 | 3.64 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Comprehensive Earnings Per Share - Basic - Issue Specific Rs | — | (3.98) | — | — | — | — | — | — | — | — |
| Dilution Adjustment | — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Diluted Income available to Common excluding Extraordinary Items | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Shares used to calculate Diluted EPS - Total mn | — | 283.5 | 283.5 | 283.5 | 283.4 | 283.5 | 283.5 | 283.5 | 283.5 | 283.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | — | (0.94) | 2.98 | 0.83 | 1.08 | 4.34 | 4.74 | 1.98 | 4.07 | 3.64 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | — | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | — | — | — |
| Earnings Allocation Factor - Diluted - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | — | — | — |
| Shares used to calculate Diluted EPS - Issue Specific mn | — | 283.5 | 283.5 | 283.5 | 283.4 | 283.5 | 283.5 | — | — | — |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.97) | 5.86 | 1.61 | (0.49) | 6.42 | 6.02 | 1.80 | 4.23 | 1.95 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | — | (0.94) | 2.98 | 0.83 | 1.08 | 4.34 | 4.74 | 1.98 | 4.07 | 3.64 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Comprehensive Earnings Per Share - Diluted - Issue Specific Rs | — | (3.98) | — | — | — | — | — | — | — | — |
| DPS - Common - Gross - Issue - By Announcement Date Rs | — | 2.75 | 0.75 | 0.00 | 0.00 | 4.50 | 1.75 | 2.55 | 1.25 | 2.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | — | 2.48 | 0.68 | 0.00 | 0.00 | 4.05 | 1.58 | 2.30 | 1.13 | 1.80 |
| Earnings before Interest & Taxes (EBIT) | (46.4) | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | — | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Auditor Fees | — | 1.0 | 0.9 | — | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 | 0.5 |
| Audit-Related Fees | — | 1.0 | 0.9 | — | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Tax Fees | — | — | — | — | — | — | — | — | — | 0.0 |
| Fees - Other | — | — | — | — | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Normalized after Tax Profit | 714.0 | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Normalized Net Income from Continuing Operations | (46.4) | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Normalized Net Income - Bottom Line | (46.4) | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Earnings before Interest & Taxes (EBIT) - Normalized | (46.4) | (267.1) | 843.6 | 234.7 | 306.3 | 1,229.3 | 1,343.6 | 562.7 | 1,153.4 | 1,031.8 |
| Operating Expenses | 347.5 | 352.2 | 297.7 | 319.9 | 381.9 | 431.1 | 307.6 | 222.8 | 222.8 | 217.4 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 85.6 | 305.2 | 274.6 | 298.3 | 357.8 | 406.3 | 272.5 | 206.8 | 205.8 | 200.7 |
| Income before Taxes & Provision for Loan Losses | (760.4) | (559.3) | 1,660.3 | 455.7 | (138.9) | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | — | 21.3 | 23.1 | 18.1 | 17.8 | 17.7 | 13.5 | 11.6 | 12.6 | 12.4 |
| DPS - Common - Gross - Issue - By Payable Date Rs | — | 2.75 | 0.75 | 0.00 | 0.00 | 4.50 | 1.75 | 2.55 | 1.25 | 2.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | — | 2.75 | 0.75 | 0.00 | 0.00 | 4.50 | 1.75 | 2.55 | 1.25 | 2.00 |
| Tax Adjusted Operating Income | — | — | 1,660.3 | 455.7 | — | 1,821.2 | 1,706.8 | 509.3 | 1,198.2 | 551.7 |
| Estimated Tax Rate | 0.30× | 0.30× | 0.31× | 0.32× | 0.33× | 0.34× | 0.35× | 0.35× | 0.35× | 0.35× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | — | 2.75 | 0.75 | 0.00 | 0.00 | 4.50 | 1.75 | 2.55 | 1.25 | 2.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.