Hum Network Limited Announces Unaudited Unconsolidated and Consolidated Earnings Results for the Quarter Ended September 30, 2017
October 27, 2017 at 05:19 am
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Hum Network Limited announced unaudited unconsolidated and consolidated earnings results for the quarter ended September 30, 2017. For the quarter, on unconsolidated basis, the company reported net revenue of PKR 1,227,154,225 against PKR 1,083,597,208 a year ago. Profit before taxation was PKR 307,935,007 against PKR 289,793,607 a year ago. Profit after taxation was PKR 287,393,661 against PKR 261,867,754 a year ago. Basic and diluted earnings per share were PKR 0.30 against PKR 0.28 a year ago.
For the quarter, on consolidated basis, the company reported net revenue of PKR 1,358,458,098 against PKR 1,179,182,966 a year ago. Profit before taxation was PKR 330,926,734 against PKR 287,369,078 a year ago. Net profit for the period was PKR 310,276,680 against PKR 259,443,225 a year ago. Basic and diluted earnings per share were PKR 0.33 against PKR 0.27 a year ago.
HUM Network Limited is a Pakistan-based global entertainment and news company. The Company's principal activities are to launch transnational satellite channels. Its core areas of operation are production, advertisement, entertainment and media marketing. The Company covers programs, such as information, entertainment, news, education, health, food, music and society. The Company's products include channels and magazines. Its brands include HUM TV, HUM News, HUM Films, HUM Masala, HUM Sitaray, HUM Pashto 1, Digital Media, Public Relation (PR) and Publication, and HUM Mart. Its HUM TV provides various content, such as dramas, soaps, and morning shows, among others. Its Hum Sitaray caters to the demand for both local and foreign content. This channel is positioned as a hybrid channel offering both narrative and format-based entertainment shows. Its HUM Masala offers viewers a blend of traditional and non-traditional magazine-style shows, cooking with chefs and live interactive shows.