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HGFA HBL Growth Fund

Latest results: FY2019 · Jun 2019

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Last close · 16 Oct 2026

Rs 13.47 -0.22%

Quarterly · Q4 FY2014 – Q4 FY2019

HBL Growth Fund (HGFA) quarterly income statement

HGFA income statement (quarterly) (Rs mn)
Rs mn Q4 FY2019 Apr – Jun 2019 Q2 FY2019 Oct – Dec 2018 Q1 FY2019 Jul – Sep 2018 Q4 FY2018 Apr – Jun 2018 Q3 FY2018 Jan – Mar 2018 Q2 FY2018 Oct – Dec 2017 Q1 FY2018 Jul – Sep 2017 Q4 FY2017 Apr – Jun 2017
Income — 100.8 79.5 84.8 (121.5) 215.1 (93.4) 387.6
Net income before tax — (509.5) (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Net income for the period — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
HGFA income statement — year-on-year change (Rs mn)
Rs mn Q4 FY2019 Apr – Jun 2019 Q2 FY2019 Oct – Dec 2018 Q1 FY2019 Jul – Sep 2018 Q4 FY2018 Apr – Jun 2018 Q3 FY2018 Jan – Mar 2018 Q2 FY2018 Oct – Dec 2017 Q1 FY2018 Jul – Sep 2017 Q4 FY2017 Apr – Jun 2017
Income — -53.2% — -78.1% -142.2% -41.9% -197.6% +164.4%
Net income before tax — -911.1% — -678.3% +549.1% -95.0% -423.1% -85.5%
Net income for the period — — — -678.3% +549.1% -95.0% -423.1% -85.5%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

HGFA income statement — common size (Rs mn)
Rs mn Q4 FY2019 Apr – Jun 2019 Q2 FY2019 Oct – Dec 2018 Q1 FY2019 Jul – Sep 2018 Q4 FY2018 Apr – Jun 2018 Q3 FY2018 Jan – Mar 2018 Q2 FY2018 Oct – Dec 2017 Q1 FY2018 Jul – Sep 2017 Q4 FY2017 Apr – Jun 2017
Income — 100.0% 100.0% 100.0% — 100.0% — 100.0%
Net income before tax — (505.6%) (140.5%) (281.3%) — 29.2% — 10.6%
Net income for the period — — (140.5%) (281.3%) — 29.2% — 10.6%

Each line as a percentage of income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.

All reported line items 87
HGFA income statement — all reported line items (Rs mn)
Rs mn Q4 FY2019 Apr – Jun 2019 Q2 FY2019 Oct – Dec 2018 Q1 FY2019 Jul – Sep 2018 Q4 FY2018 Apr – Jun 2018 Q3 FY2018 Jan – Mar 2018 Q2 FY2018 Oct – Dec 2017 Q1 FY2018 Jul – Sep 2017 Q4 FY2017 Apr – Jun 2017
Investment Income - Gross - Investment — 176.8 75.5 256.0 63.3 417.5 69.5 234.9
Dividend Income - Investments — 153.5 57.9 241.1 47.0 399.2 51.2 227.7
Interest Income - Investment — 23.3 17.6 14.9 16.2 18.2 18.2 7.3
Fees & Commissions Expense — 6.5 7.1 5.3 5.2 5.1 5.7 6.3
Realized Capital Gain/(Loss) - Total — (76.0) 1.2 (171.2) (185.5) (202.3) (162.9) 152.6
Investments Securities - Realized Gain/(Loss) — (76.0) 1.2 (171.2) (185.5) (202.3) (162.9) 152.6
Investments & Loans - Business - Gain/(Loss) — (76.0) 1.2 (171.2) (185.5) (202.3) (162.9) 152.6
Revenue from Business-Related Activities - Other - Total — — 2.8 — — — — 0.0
Business-Related Financing Revenue - Other — — — — 0.8 — — —
Revenue from Business Activities - Total — 100.8 79.5 84.8 (121.5) 215.1 (93.4) 387.6
Cost of Operating Revenue — — 7.1 5.3 5.2 5.1 5.7 6.3
Selling, General & Administrative Expenses - Total — 18.5 90.2 42.1 76.1 71.4 85.2 105.9
Selling, General & Administrative Expenses - Unclassified — — — 3.1 3.7 — 5.8 17.0
Investment Management Fees — 68.1 72.3 38.9 72.4 69.6 79.4 51.1
Other Operating Expense/(Income) - Net — — 1.0 45.1 5.2 4.7 1.0 (8.5)
Performance/Incentive Investment Fees — 68.1 72.3 38.9 72.4 69.6 79.4 51.1
Operating Expenses - Total — — 98.3 92.4 86.5 81.2 92.0 103.7
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses — — — 0.0 0.0 — 0.0 0.8
Selling, General & Administrative Expenses - Other - Total — — — — — — — 37.0
Operating Profit before Non-Recurring Income/(Expense) — — (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Property & Other Taxes — — — — — — — 37.0
Other Operating Expense — — 1.0 — — — — —
Other Non-Operating Income/(Expense) - Total — — (0.0) — — — — —
Normalized Pre-tax Profit — 8.9 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Non-Recurring Income/Expense - Total — (518.4) (92.8) (231.0) 719.4 (71.1) (709.5) (242.6)
Fair Value Adjustments - Financial Investments — (518.4) (92.8) (231.0) 719.4 (71.1) (709.5) (242.6)
Provision for Income Tax Expense- Unclassified — — 0.0 0.0 0.0 0.0 0.0 0.0
Income before Taxes — (509.5) (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Income Taxes — — 0.0 0.0 0.0 0.0 0.0 0.0
Net Income after Tax — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Income before Discontinued Operations & Extraordinary Items — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Net Income before Minority Interest — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Net Income after Minority Interest — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Income Available to Common Shares — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Other Comprehensive Income - Starting Line — — (111.6) (238.6) 511.4 62.8 — —
Other Comprehensive Income - Unrealized Investment Gain/(Loss) — — (99.9) (184.2) 718.7 (1,814.7) — —
Other Comprehensive Income - Net of Tax - Total — — (99.9) (184.2) 718.7 (1,814.7) — —
Comprehensive Income before Minority Interest - Total — — (211.6) (422.8) 1,230.1 (1,751.9) — —
Comprehensive Income - Attributable to Parent Company Equity Holders - Total — — (211.6) (422.8) 1,230.1 (1,751.9) — —
Earnings Adjustments to Net Income - Other Expense/(Income) — — — — 0.0 — 0.0 —
DPS - Common - Gross - Issue - By Period End Date Rs — — 0.00 0.00 0.00 0.00 0.00 2.75
Net Income - Basic - including Extraordinary Items Applicable to Common - Total — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Income available to Common excluding Extraordinary Items — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Shares used to calculate Basic EPS - Total mn — — 283.5 282.6 284.1 285.6 283.2 283.3
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs — — (0.07) (0.03) (0.73) 0.47 (0.65) 1.00
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
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 — — 283.5 282.6 284.1 285.6 283.2 283.3
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs — — (0.07) (0.03) (0.73) 0.47 (0.65) 1.00
EPS - Basic from Discontinued Operations & Extraordinary Items Rs — — 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs — — (0.75) (1.50) 4.33 (6.14) — —
Dilution Adjustment — — — — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Diluted Income available to Common excluding Extraordinary Items — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Shares used to calculate Diluted EPS - Total mn — — 283.5 282.6 284.1 285.6 283.2 283.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs — — (0.07) (0.03) (0.73) 0.47 (0.65) 1.00
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific — — (111.6) (238.6) 511.4 62.8 (894.9) 41.3
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 — — 283.5 282.6 284.1 285.6 283.2 283.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — — (0.39) (0.84) 1.80 0.22 (3.16) 0.15
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs — — (0.07) (0.03) (0.73) 0.47 (0.65) 1.00
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs — — 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs — — (0.75) (1.50) 4.33 (6.14) — —
DPS - Common - Gross - Issue - By Announcement Date Rs — — 0.00 0.00 0.00 0.00 2.75 0.00
DPS - Common - Net - Issue - By Announcement Date Rs — — 0.00 0.00 0.00 0.00 2.48 0.00
Earnings before Interest & Taxes (EBIT) — 8.9 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) — — (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Normalized after Tax Profit — 518.4 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Normalized Net Income from Continuing Operations — 518.4 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Normalized Net Income - Bottom Line — 518.4 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Earnings before Interest & Taxes (EBIT) - Normalized — 8.9 (18.8) (7.6) (208.0) 133.9 (185.4) 283.8
Operating Expenses — 91.9 98.3 92.4 86.5 81.2 92.0 103.7
Selling, General & Administrative Expenses excluding Research & Development Expenses — 18.5 90.2 42.1 76.1 71.4 85.2 105.9
Income before Taxes & Provision for Loan Losses — (509.5) (111.6) (238.6) 511.4 62.8 (894.9) 41.3
Cost of Revenue including Operation & Maintenance (Utility) - Total — — 7.1 5.3 5.2 5.1 5.7 6.3
DPS - Common - Gross - Issue - By Payable Date Rs — — 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs — — 0.00 0.00 0.00 0.00 2.75 0.00
Tax Adjusted Operating Income — — — — 511.4 62.8 — 41.3
Estimated Tax Rate — 0.30× 0.30× 0.30× 0.30× 0.31× 0.31× 0.31×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs — — 0.00 0.00 0.00 0.00 2.75 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.