HBL Growth Fund Announces Notable Earnings and Dividend Distribution

Karachi, (PPI Bot): “HBL Growth Fund – (A) NC” (Symbol Code: HGFA), a close-end mutual fund listed on the Pakistan Stock Exchange, announced its financial performance for the period ending June 2023. The fund’s daily weighted average rate was recorded at Rs. 8.10, with a closing rate of Rs. 8.49. The fund, which has a paid-up capital of Rs. 2,835.00 million, declared a 12% distribution for the year. HGFA, listed since 1980, showed an EPS of Rs. 1.60 for Jan-Oct 2023, indicating a stable performance with a turnover of 7,250,000. The stock’s high and low rates for the year were Rs. 7.75 and Rs. 3.3, respectively.

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