Karachi: HBL Asset Management Limited has unveiled its financial results for the fiscal year ending June 30, 2026, showcasing a notable increase in net assets and income, as per the board of directors' meeting held on August 27, 2026.
The detailed financial report highlights the company's robust performance over the year. The total assets as of June 30, 2026, reached 2.29 billion rupees, marking an increase from the previous year's 2.03 billion rupees. This growth in assets is primarily driven by a substantial rise in investments, which stood at 2.22 billion rupees, up from 1.91 billion rupees in 2025, reflecting strong investment strategies.
According to information available from the Pakistan Stock Exchange (PSX), the net income after taxation for the fiscal year was reported at 525.49 million rupees, a significant move upwards from last year's 351.73 million rupees. This increase is attributed to a rise in capital gains on the sale of investments, which nearly doubled to 237.49 million rupees from the previous year's 114.78 million rupees. Additionally, dividend income saw a rise to 123.13 million rupees from 83.35 million rupees.
The company's liabilities decreased considerably to 73.82 million rupees, from 198.78 million rupees in the prior year, contributing to an improved financial position. Notably, the net assets value per unit increased to 34.7606 rupees from 26.7616 rupees, indicating a big move in asset valuation per unit.
The report also detailed the financial outcomes of various funds managed by HBL Asset Management Limited. The HBL Energy Fund and HBL Islamic Money Market Fund announced no final distribution for the year ended June 30, 2026. Other funds, including the HBL Government Securities Fund, HBL Cash Fund, and HBL Equity Fund, among others, had their financial results ratified, although specific distributions were not disclosed.
The company's expense management was reflected in the remuneration of the Management Company and associated taxes, which increased to 72.96 million rupees and 10.94 million rupees, respectively, from the previous year's figures.
Overall, HBL Asset Management Limited's financial performance for the year 2026 reflects a strong and strategic approach to asset and income management, garnering positive results and enhancing unit holders' value.