Hum Network Limited Reports Unaudited Unconsolidated and Consolidated Earnings Results for the Second Quarter and Half Year Ended December 31, 2017
February 20, 2018
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Hum Network Limited reported unaudited unconsolidated and consolidated earnings results for the second quarter and half year ended December 31, 2017. For the quarter, on unconsolidated basis, the company's sales were PKR 1,205.26 million compared to PKR 1,185.89 million a year ago. Profit before taxation was PKR 267.65 million compared to PKR 271.99 million a year ago. Profit after taxation was PKR 248.65 million compared to PKR 231.42 million a year ago. Basic and diluted earnings per share was PKR 0.26 compared to PKR 0.24 a year ago.
For the half year, on unconsolidated basis, the company's sales were PKR 2,432.41 million compared to PKR 2,269.48 million a year ago. Profit before taxation was PKR 575.59 million compared to PKR 561.78 million a year ago. Profit after taxation was PKR 536.04 million compared to PKR 493.29 million a year ago. Basic and diluted earnings per share was PKR 0.57 compared to PKR 0.52 a year ago.
For the quarter, on consolidated basis, the company's sales were PKR 1,336.63 million compared to PKR 1,230.54 million a year ago. Profit before taxation was PKR 300.59 million compared to PKR 246.99 million a year ago. Profit after taxation was PKR 281.7 million compared to PKR 206.42 million a year ago. Basic and diluted earnings per share was PKR 0.30 compared to PKR 0.22 a year ago.
For the half year, on consolidated basis, the company's sales were PKR 2,695.1 million compared to PKR 2,409.72 million a year ago. Profit before taxation was PKR 631.52 million compared to PKR 534.36 million a year ago. Profit after taxation was PKR 591.98 million compared to PKR 465.87 million a year ago. Basic and diluted earnings per share was PKR 0.63 compared to PKR 0.49 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.
HUM NETWORK LIMITED 
