- Hum Network’s Revenue for the period increased by 17.77% to reach 4.6 billion up from previous year’s 3.9 billion
- Company Administration and Other Expenses increased by 28% and 86% respectively
- Network’s Profit after Tax surged by 89% during the reported a period clocking in at 1.01 billion PKR during 2017
- Earnings per share for the period totaled at 1.07
- The company declared a final cash dividend of Rs. 0.10/- per share at 10% recommendation by Board of Directors
Comparison of Key Financials
Key Financials |
2017 |
2016 |
% Change |
Revenue |
4,643,648,317 |
3,942,824,460 |
17.77% |
Cost of Production |
2,623,109,624 |
2,313,660,029 |
13.37% |
Transmission Cost |
86,925,178 |
86,465,867 |
0.53% |
Gross Profit |
1,933,613,515 |
1,542,698,564 |
25.34% |
Distribution Costs |
320,116,149 |
404,273,284 |
-20.82% |
Administrative Expenses |
557,985,145 |
435,579,401 |
28.10% |
Other Income |
84,713,877 |
123,264,396 |
-31.27% |
Finance Costs |
20,950,770 |
40,020,307 |
-47.65% |
Other Expenses |
23,872,392 |
12,852,677 |
85.74% |
Profit before Taxation |
1,095,402,936 |
773,237,291 |
41.66% |
Taxation |
80,019,958 |
236,301,365 |
-66.14% |
Profit after Taxation |
1,015,382,978 |
536,935,926 |
89.11% |
Earnings per Share – Basic & diluted |
1.07 |
0.79 |
35.44% |
Company release on Earnings Report can be accessed here.