Hum Network earns Rs1.4bn

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KARACHI: Hum Net­work Ltd posted a net consolidated profit of Rs1.39 billion for 2021-22, up 45.1 per cent from the preceding year, a stock filing showed on Monday.

The media company’s annual revenue increased 31pc to Rs6.5bn over the same period.

The company didn’t announce any dividend along with the financial results.

PIBT posts Rs990m loss

Pakistan International Bulk Terminal Ltd recorded a net loss of Rs990.5 million for 2021-22 versus a net profit of Rs1.85bn a year ago.

A regulatory filing showed the country’s only dirty-cargo terminal registered a top line decline of 3.1pc to Rs10.5bn in 2021-22. The company suffered an exchange loss of Rs1.6bn in the last 12 months versus an exchange gain of Rs479.2m in the preceding financial year.

There was no dividend declaration.

Published in Dawn, September 20th, 2022

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