HBL Growth Fund Announces Annual Distribution and Performance Data

Karachi, The HBL Growth Fund - (A) NC reported its financial metrics for the period ending in March 2024, according to the latest figures released by the Pakistan Stock Exchange. The fund showcased a yearly earnings per share (EPS) of Rs. 9.45, a significant increase from the previous period's Rs. 6.01. This improvement is aligned with its substantial turnover and high rate of Rs. 6.90, demonstrating robust performance within the financial sector.

The fund's daily weighted average rate was noted at Rs. 2,835.00, with a paid-up capital of Rs. 50.00 million. It will be distributing a 12% dividend for the fiscal year ending in June. The fund, listed in 1980, has a market lot of 500 and had its previous book closure on June 7. The year of listing and consistent financial growth have solidified the fund's position in the market.