KARACHI: House Building Finance Company (HBFC) is proud to announce a record operating profit of 3.0 billion Pakistani rupees as per its financial report 2023, which is a significant milestone and reflects a remarkable turnaround in the last 3 years. is also.
As a result of the intensive efforts of the management of Election One, this year’s operating profit has increased by 82 percent compared to the previous year, and this increase is a remarkable achievement.
It is to be noted that the company’s profits have tripled in the last three years, while this year’s post-leaks profit stood at Rs 2.3 billion, a 53 percent increase over the previous year. In the last three years, Angai Ek Kisi disbursed new housing loans worth more than 10.0 billion Pakistani rupees.
HBFC continues its mission to facilitate home ownership for Pakistanis across the country. The management of HBFC would like to highlight that we as an organization follow a strong framework of governance and merit while operating with the highest standards of integrity, transparency and ethical conduct. The process of privatization is progressing rapidly.
The management continues to support the efficient completion of this process as it strongly believes that the privatization of an electoral entity will further enhance its operational efficiency and overall performance.