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Close - End Mutual Fund

HIFA HBL Investment Fund

Latest results: FY2020 · Jun 2020 Q1 FY2021 · Jul – Sep 2020

Last close · 16 Oct 2026

Rs 4.78 +0.63%

Quarterly · Q2 FY2016 – Q1 FY2021

HBL Investment Fund (HIFA) quarterly income statement

HBL Investment Fund reported revenue of Rs 57.9 mn for Q1 FY2021 (Jul – Sep 2020), up 462.8% on Q1 FY2020. Profit attributable to shareholders was Rs 141.1 mn.

HIFA income statement (quarterly) (Rs mn)
Rs mn TTM to Sep 2020 Q1 FY2021 Jul – Sep 2020 Q4 FY2020 Apr – Jun 2020 Q3 FY2020 Jan – Mar 2020 Q2 FY2020 Oct – Dec 2019 Q1 FY2020 Jul – Sep 2019 Q4 FY2019 Apr – Jun 2019 Q3 FY2019 Jan – Mar 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 Q3 FY2017 Jan – Mar 2017 Q2 FY2017 Oct – Dec 2016 Q1 FY2017 Jul – Sep 2016 Q4 FY2016 Apr – Jun 2016 Q3 FY2016 Jan – Mar 2016 Q2 FY2016 Oct – Dec 2015
Income 304.9 57.9 (10.1) 34.6 222.4 10.3 (5.7) 36.8 35.7 41.9 14.0 (64.2) 55.0 (47.9) 165.5 151.7 171.4 50.2 81.3 85.3 78.5
Net income before tax 331.2 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8) (460.8) 6.7 27.1 670.4 143.9 155.5 9.4 75.2
Net income for the period 331.2 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8) (460.8) 6.7 27.1 670.4 143.9 155.5 9.4 75.2
HIFA income statement — year-on-year change (Rs mn)
Rs mn Q1 FY2021 Jul – Sep 2020 Q4 FY2020 Apr – Jun 2020 Q3 FY2020 Jan – Mar 2020 Q2 FY2020 Oct – Dec 2019 Q1 FY2020 Jul – Sep 2019 Q4 FY2019 Apr – Jun 2019 Q3 FY2019 Jan – Mar 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 Q3 FY2017 Jan – Mar 2017 Q2 FY2017 Oct – Dec 2016 Q1 FY2017 Jul – Sep 2016 Q4 FY2016 Apr – Jun 2016 Q3 FY2016 Jan – Mar 2016 Q2 FY2016 Oct – Dec 2015
Income +462.8% — -6.1% +523.5% -75.4% -140.3% — -35.2% — -91.5% -142.3% -67.9% -195.3% +103.5% +77.8% +118.4% +50.0% +104.5% -38.9% -38.1%
Net income before tax — — -375.9% — — — -43.1% — — -2,421.4% +899.9% -102.1% -420.2% -95.7% +189.2% +791.6% +2,773.9% -55.2% — -73.8%
Net income for the period — — -375.9% — — — -43.1% — — -2,421.4% +899.9% -102.1% -420.2% -95.7% +189.2% +791.6% +2,773.9% -55.2% — -73.8%

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

HIFA income statement — common size (Rs mn)
Rs mn Q1 FY2021 Jul – Sep 2020 Q4 FY2020 Apr – Jun 2020 Q3 FY2020 Jan – Mar 2020 Q2 FY2020 Oct – Dec 2019 Q1 FY2020 Jul – Sep 2019 Q4 FY2019 Apr – Jun 2019 Q3 FY2019 Jan – Mar 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 Q3 FY2017 Jan – Mar 2017 Q2 FY2017 Oct – Dec 2016 Q1 FY2017 Jul – Sep 2016 Q4 FY2016 Apr – Jun 2016 Q3 FY2016 Jan – Mar 2016 Q2 FY2016 Oct – Dec 2015
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% 100.0%
Net income before tax 243.7% — (1,228.6%) 216.5% (1,388.4%) — 418.1% (769.5%) (118.2%) (1,103.1%) — (25.0%) — 4.0% 17.8% 391.2% 286.5% 191.2% 11.0% 95.8%
Net income for the period 243.7% — (1,228.6%) 216.5% (1,388.4%) — 418.1% (769.5%) (118.2%) (1,103.1%) — (25.0%) — 4.0% 17.8% 391.2% 286.5% 191.2% 11.0% 95.8%

Each line as a percentage of income.

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

All reported line items 79
HIFA income statement — all reported line items (Rs mn)
Rs mn Q1 FY2021 Jul – Sep 2020 Q4 FY2020 Apr – Jun 2020 Q3 FY2020 Jan – Mar 2020 Q2 FY2020 Oct – Dec 2019 Q1 FY2020 Jul – Sep 2019 Q4 FY2019 Apr – Jun 2019 Q3 FY2019 Jan – Mar 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
Investment Income - Gross - Investment 12.2 14.2 25.8 84.3 36.8 99.3 40.3 77.2 38.9 104.7 33.2 163.6
Dividend Income - Investments 8.5 8.4 14.9 72.3 24.2 88.4 28.3 66.0 30.3 97.9 24.6 154.5
Interest Income - Investment 3.7 5.8 11.0 12.0 12.5 10.9 12.0 11.2 8.6 6.8 8.6 9.1
Fees & Commissions Expense 6.2 4.8 3.9 3.3 4.6 3.6 4.0 4.2 4.7 3.9 3.9 3.7
Realized Capital Gain/(Loss) - Total 45.7 (24.3) 8.8 138.2 (26.5) (105.3) (4.4) (42.6) 0.7 (90.6) (97.4) (108.6)
Investments Securities - Realized Gain/(Loss) 45.7 (24.3) 8.8 138.2 (26.5) (105.3) (4.4) (42.6) 0.7 (90.6) (97.4) (108.6)
Investments & Loans - Business - Gain/(Loss) 45.7 (24.3) 8.8 138.2 (26.5) (105.3) (4.4) (42.6) 0.7 (90.6) (97.4) (108.6)
Revenue from Business-Related Activities - Other - Total 0.0 (0.0) (0.0) — 0.0 0.3 1.0 1.1 2.2 — — —
Revenue from Business Activities - Total 57.9 (10.1) 34.6 222.4 10.3 (5.7) 36.8 35.7 41.9 14.0 (64.2) 55.0
Cost of Operating Revenue 6.2 4.8 3.9 3.3 4.6 3.6 4.0 4.2 4.7 3.9 3.9 3.7
Selling, General & Administrative Expenses - Total 34.0 25.7 21.7 41.5 27.0 31.2 34.3 36.5 38.1 18.0 33.0 31.6
Selling, General & Administrative Expenses - Unclassified 28.5 15.7 28.6 34.5 25.0 17.7 34.3 — 34.5 18.0 33.0 31.6
Other Operating Expense/(Income) - Net 0.0 0.6 0.6 0.2 0.0 0.3 0.3 1.1 0.3 24.1 1.9 0.1
Other Operating Income - Total — 0.4 — — — — — — — — — —
Operating Expenses - Total 40.2 31.1 26.2 45.0 31.6 35.1 38.6 41.7 43.1 46.0 38.7 35.4
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 3.2 1.1 (6.8) 6.9 0.0 0.6 0.0 — 0.0 0.0 0.0 0.0
Selling, General & Administrative Expenses - Other - Total 2.3 8.9 — — 2.1 12.9 — — 3.6 — — —
Operating Profit before Non-Recurring Income/(Expense) 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Financing Income/(Expense) - Net - Total — — — — (0.0) — — — (0.0) — — —
Property & Other Taxes 2.3 8.9 — — 2.1 12.9 — — 3.6 — — —
Other Operating Expense 0.0 1.0 0.6 0.2 0.0 0.3 0.3 1.1 0.3 24.1 1.9 —
Non-Interest Financial Income/(Expense) - Total — — — — (0.0) — — — (0.0) — — —
Non-Interest Financial Income/(Expense) - Other - Net — — — — (0.0) — — — (0.0) — — —
Other Non-Operating Income/(Expense) - Total — — 0.0 (0.0) — — — — — — — —
Normalized Pre-tax Profit 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Non-Recurring Income/Expense - Total 123.4 174.6 (433.2) 304.1 (121.5) (213.9) 155.8 (268.4) (48.3) (122.7) 373.4 (33.4)
Fair Value Adjustments - Financial Investments 123.4 174.6 (433.2) 304.1 (121.5) (213.9) 155.8 (268.4) (48.3) (122.7) 373.4 (33.4)
Provision for Income Tax Expense- Unclassified 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Income before Taxes 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Income Taxes 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Income after Tax 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Income before Discontinued Operations & Extraordinary Items 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Net Income before Minority Interest 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Net Income after Minority Interest 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Income Available to Common Shares 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Income available to Common excluding Extraordinary Items 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Shares used to calculate Basic EPS - Total mn 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 286.2 284.7 275.3
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 0.06 (0.14) 0.03 0.62 (0.08) (0.14) (0.01) (0.02) (0.00) (0.11) (0.36) 0.07
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 286.2 284.7 275.3
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.06 (0.14) 0.03 0.62 (0.08) (0.14) (0.01) (0.02) (0.00) (0.11) (0.36) 0.07
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 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Diluted Income available to Common excluding Extraordinary Items 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Shares used to calculate Diluted EPS - Total mn 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 286.2 284.7 275.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 0.06 (0.14) 0.03 0.62 (0.08) (0.14) (0.01) (0.02) (0.00) (0.11) (0.36) 0.07
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 284.1 286.2 284.7 275.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.50 0.47 (1.50) 1.70 (0.50) (0.90) 0.54 (0.97) (0.17) (0.54) 0.95 (0.05)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.06 (0.14) 0.03 0.62 (0.08) (0.14) (0.01) (0.02) (0.00) (0.11) (0.36) 0.07
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 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Normalized after Tax Profit 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Normalized Net Income from Continuing Operations 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Normalized Net Income - Bottom Line 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Earnings before Interest & Taxes (EBIT) - Normalized 17.7 (41.2) 8.4 177.5 (21.3) (40.8) (1.8) (6.1) (1.2) (31.9) (102.9) 19.6
Operating Expenses 40.2 31.1 26.2 45.0 31.6 35.1 38.6 41.7 43.1 46.0 38.7 35.4
Selling, General & Administrative Expenses excluding Research & Development Expenses 34.0 25.7 21.7 41.5 27.0 31.2 34.3 36.5 38.1 18.0 33.0 31.6
Income before Taxes & Provision for Loan Losses 141.1 133.4 (424.9) 481.6 (142.9) (254.7) 154.0 (274.5) (49.5) (154.6) 270.5 (13.8)
Cost of Revenue including Operation & Maintenance (Utility) - Total 6.2 4.8 3.9 3.3 4.6 3.6 4.0 4.2 4.7 3.9 3.9 3.7
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.35
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax Adjusted Operating Income 141.1 133.4 — 481.6 — — 154.0 — — — 270.5 —
Estimated Tax Rate 0.35× 0.35× 0.35× 0.30× 0.30× 0.30× 0.30× 0.30× 0.30× 0.30× 0.30× 0.31×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.