NBP-FUNDS has released its unaudited financial results for the quarter ended September 30, 2026, reporting a significant net loss amid challenging market conditions.
- Reporting Period: Quarter ended September 30, 2026 (unaudited)
- Net Loss: PKR 980.21M (compared to a net income of PKR 2,387.13M in the same quarter last year)
- Revenue: PKR 84.84M from dividend income, down from PKR 52.70M YoY
- Total Expenses: PKR 140.99M, up from PKR 93.95M YoY
- NAV per Unit: Decreased from PKR 25.99 to PKR 24.29 during the quarter
- Fund Size: Decreased from PKR 14,769M to PKR 12,633M (down 14.5%)
- Benchmark (KMI-30 Index) performance: Fund underperformed by 1.2%
- The fund incurred a total loss of PKR 839.22M from investments during the quarter.
- Key drivers of the loss included unrealized losses on investments and increased management expenses.
- No dividends or bonuses were announced alongside the results.