After posting losses for couple of years, Hum Network Limited (HUMNL) has returned to Profitability, thanks to Increased Advertising Revenue.
HUMNL posted Sales of Rs. 3.059 billion, marking a 12% increase over last year. Gross Profit margin increased to 37% compared to 10% in last year as company rationalized its overhead costs during the year.
HUMNL posted net profit of Rs. 821.7 million in Nine months period ending March-2021 compared to Rs. 130 million in same period last year.
Pertinent to note is a one time gain book sale of non-current asset worth Rs. 476.8 million.

The following two tabs change content below.
Latest posts by News Desk (see all)
- CNIC ID Number Details Check With Picture - March 21, 2023
- Textile Exports Decline 9 percent in February’ 2023 - March 20, 2023
- Inflation to touch 40 percent in coming months - March 20, 2023