HIFA HBL Investment Fund
Latest results: FY2020 · Jun 2020 Q1 FY2021 · Jul – Sep 2020
Last close · 16 Oct 2026
Rs 4.78 +0.63%
Annual · FY2003 – FY2020
HBL Investment Fund (HIFA) income statement
HBL Investment Fund reported revenue of Rs 257.3 mn for FY2020 (Jul 2019 – Jun 2020), up 136.6% on FY2019. Profit attributable to shareholders was Rs 47.3 mn.
| Rs mn | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|
| Income | 257.3 | 108.7 | (43.0) | 538.9 | 278.6 |
| Net income before tax | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Net income for the period | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Rs mn | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|
| Income | +136.6% | — | -108.0% | +93.4% | -16.7% |
| Net income before tax | — | — | -142.3% | +246.0% | — |
| Net income for the period | — | — | -142.3% | +246.0% | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|
| Income | 100.0% | 100.0% | — | 100.0% | 100.0% |
| Net income before tax | 18.4% | (390.6%) | — | 157.4% | 88.0% |
| Net income for the period | 18.4% | (390.6%) | — | 157.4% | 88.0% |
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 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|
| Investment Income - Gross - Investment | 161.1 | 255.8 | 338.3 | 258.3 | 202.9 |
| Dividend Income - Investments | 119.8 | 213.1 | 304.4 | 242.7 | 185.4 |
| Interest Income - Investment | 41.3 | 42.7 | 33.9 | 15.6 | 17.5 |
| Fees & Commissions Expense | 16.6 | 16.5 | 15.6 | 17.2 | 11.4 |
| Realized Capital Gain/(Loss) - Total | 96.2 | (151.6) | (381.3) | 280.5 | 75.7 |
| Investments Securities - Realized Gain/(Loss) | 96.2 | (151.6) | (381.3) | 280.5 | 75.7 |
| Investments & Loans - Business - Gain/(Loss) | 96.2 | (151.6) | (381.3) | 280.5 | 75.7 |
| Revenue from Business-Related Activities - Other - Total | 0.0 | 4.6 | — | (0.0) | — |
| Business-Related Financing Revenue - Other | — | — | — | — | — |
| Revenue from Business Activities - Total | 257.3 | 108.7 | (43.0) | 538.9 | 278.6 |
| Cost of Operating Revenue | 16.6 | 16.5 | 15.6 | 17.2 | 11.4 |
| Selling, General & Administrative Expenses - Total | 115.5 | 140.1 | 132.9 | 111.0 | 131.3 |
| Selling, General & Administrative Expenses - Unclassified | 105.4 | 126.6 | 118.4 | 134.2 | 100.0 |
| Other Operating Expense/(Income) - Net | 1.8 | 2.0 | 11.8 | 0.5 | 3.3 |
| Operating Expenses - Total | 133.9 | 158.6 | 160.3 | 128.7 | 146.1 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 1.2 | 0.6 | 0.0 | (39.3) | 0.0 |
| Selling, General & Administrative Expenses - Other - Total | 8.9 | 12.9 | 14.5 | 16.1 | 31.3 |
| Operating Profit before Non-Recurring Income/(Expense) | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Financing Income/(Expense) - Net - Total | — | — | — | — | — |
| Property & Other Taxes | 8.9 | 12.9 | 14.5 | 16.1 | 31.3 |
| Interest Expense - Net of (Interest Income) | — | — | — | — | — |
| Other Operating Expense | 1.8 | 2.0 | 11.8 | — | — |
| Interest Expense - Net of Capitalized Interest | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Other - Net | — | — | — | — | — |
| Normalized Pre-tax Profit | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Non-Recurring Income/Expense - Total | (76.1) | (374.9) | (155.4) | 437.9 | 112.5 |
| Restructuring Charges | — | — | — | — | — |
| Fair Value Adjustments - Financial Investments | (76.1) | (374.9) | (155.4) | 437.9 | 112.5 |
| Non-Recurring Income/(Expense) - Other - Total | — | — | — | — | — |
| Provision for Income Tax Expense- Unclassified | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before Taxes | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Income Taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income after Tax | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Income before Discontinued Operations & Extraordinary Items | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Net Income before Minority Interest | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Net Income after Minority Interest | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Income Available to Common Shares | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 1.35 | 0.42 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Income available to Common excluding Extraordinary Items | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Shares used to calculate Basic EPS - Total mn | 284.1 | 284.1 | 284.1 | 284.6 | 284.1 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 0.43 | (0.18) | (0.72) | 1.44 | 0.47 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 284.1 | 284.1 | 284.1 | 284.6 | 284.1 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.43 | (0.18) | (0.72) | 1.44 | 0.47 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Diluted Income available to Common excluding Extraordinary Items | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Shares used to calculate Diluted EPS - Total mn | 284.1 | 284.1 | 284.1 | 284.6 | 284.1 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 0.43 | (0.18) | (0.72) | 1.44 | 0.47 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 284.1 | 284.1 | 284.1 | 284.6 | 284.1 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.17 | (1.49) | (1.26) | 2.98 | 0.86 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.43 | (0.18) | (0.72) | 1.44 | 0.47 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 1.35 | 0.42 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 1.22 | 0.38 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Auditor Fees | — | — | — | — | 0.6 |
| Audit-Related Fees | — | — | — | — | 0.6 |
| Tax Fees | — | — | — | — | — |
| Normalized after Tax Profit | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Normalized Net Income from Continuing Operations | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Normalized Net Income - Bottom Line | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 123.4 | (49.8) | (203.3) | 410.1 | 132.5 |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Operating Expenses | 133.9 | 158.6 | 160.3 | 128.7 | 146.1 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 115.5 | 140.1 | 132.9 | 111.0 | 131.3 |
| Income before Taxes & Provision for Loan Losses | 47.3 | (424.7) | (358.7) | 848.0 | 245.1 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 16.6 | 16.5 | 15.6 | 17.2 | 11.4 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 1.35 | 0.42 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 1.35 | 0.42 | 0.00 |
| Tax Adjusted Operating Income | 47.3 | — | — | 848.0 | 245.1 |
| Fixed Charges | — | — | — | — | — |
| Estimated Tax Rate | 0.35× | 0.30× | 0.30× | 0.31× | 0.32× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 1.35 | 0.42 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.