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.


Please enter your comment!
Please enter your name here