HBL Growth Fund Reports Consistent Performance, Announces 12% Distribution

Karachi, The HBL Growth Fund - (A) NC, listed on the Pakistan Stock Exchange under the symbol HGFA, reported a stable closing rate of Rs. 7.20 for the January to March 2024 period, matching its daily weighted average rate. The fund, which has a paid-up capital of Rs. 2,835 million, declared a 12% distribution for its shareholders. The fund has been a part of the stock market since 1980, maintaining a consistent presence with a market lot size of 500 shares. The earnings per share (EPS) for the fund stood at Rs. 6.01 for the period under review.