Hum Network LimitedPSX: HUMNL

Financial Results for the Quarter Ended 31-12-2025

· Issued by Hum Network Limited


February 11, 2026 The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building,

Stock Exchange Road, Karachi.

Subject: FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2025

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on February 11, 2026 at 12:00 p.m. at registered office of the Company recommended the followings:

  1. CASH DIVIDEND:

  2. BONUS SHARES:

  3. nIGHT SHARES:

  4. ANY OTHER PRICE-SENSITIVE INFORMATION:

    NIL NIL NIL

    The unaudited financial results of the Company (Unconsolidated and Consolidated) for the half year ended Deceir.ber 31, 2025 are attached herewith;

    1. Unconsolidated Results - Annexure - A

    2. Consolidated Results - Annexure B

The Half Yearly Report of the Company for the period ended December 31, 2025 will be transmitted though PUCARS separately, within the specified time; i.e. within 60 days of close of 2 quarter.



Thanking you,

Moh n Naeem Company Secretary

Copv to:

Executive Director / HOD Corporate Supervision Department Company Law Division

Securities and Exchange Commission of Pakistan NIC Building, 63 Jinnah Avenue

Blue Area, Islarr.abad

Page 1 of 1 1







ANNEXURE-A

HUM NETWORK LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025

December 31,

2025

June 30,

2025

(Un-audited)

(Audited)

ASSETS

- Rupees

NON-CURRENT ASSETS

Property and equipment

1,539,635,937

1,540,152,363

Intangible assets

23,562,320

24,408,333

Long term investments

242,974,730

242,974,730

Long term deposits, advances and prepayments

403,629,304

270,340,019

Deferred tax asset - net

279,050,252

172,138,033

2,488,852,543

2,250,013,478

CURRENT ASSETS

Inventories

9,579,352

9,579,352

Television program costs

1,116,301,296

991,268,944

Trade debts

2,507,886,238

2,158,538,320

Advances

714, 215,873

483,778,465

Trade deposits and short term prepayments

53,274,363

61,969, 06*

Other receivables

6,161,299,498

5,206,220,51C

Taxation - net

419,424,135

370,315,615

Short term investments

722,109,530

1,375,033,30£

Cash and bank balances

84,449,680

476,205,41

11,788,539,965

11,132,908,997

TOTAL ASSETS

EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

Authorised capital

1,500,000,000 (June 30, 2025: 1,500,000,000) Ordinary shares of

14,277,392,508 13,382,922,475

Rs. 1/- each

1.500.000,000

1,500, 000, 000

Issued, subscribed and paid-up capital

1,134,000,000

1,134,000,000

Unappropriated profit 11,650,999,586 10,825,442,775

NON-CURRENT LIABILITIES

12,784,999,556

11,959,442,775

Lease liabilities

CURRENT LIABILITIES

135,754,423

114,728,733

Trade and other payables

1,075,499,630

1,250,913, 085

Loan from related party

250,000,000

Contract liability

3,482,172

3,482,172

Unclaimed dividend

6,807,368

6,807,368

Current portion of lease liabilities

20,849,329

47,548,342

1,356,638,499

1,308,750,967

CONTINGENCIES AND COMMITMENTS TOTAL EQUITY AND LIABILITIES

° r



14,277,392,508 13,382,922,475

Image 2 of 1 1



HUM NETWORK LIMITED

- -



UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT

FOR THE HALF YEAR ENDED DECEMBER 31, 2025

(UN•AUDITED)

Half year ended

Quarter ended

December 31,

December 31,

December 31,

December 31,

2025

2024

2025

2024

---------- Rupees ----------

---- ----- Rupees ----------

Revenue - net

3,615,556,435

4,097,215,800

2,013,081,489

2,107,346,440

Cost of production

(2,103,279,384)

(2,019,160,808)

(1,230,373,732)

(1,107,430,793)

Transmission cost

(61,464,001)

(61,771,208)

(29,691,301)

(26,196,583)

(2,164,743,385)

(2,080,932,016)

(1,260,065,033)

(1,133,627,376)

Gross profit

1,450,813,050

2,016,283,784

753,016,456

973,719,064

Distribution expenses

(272,649,159)

(354,212,103)

(166,712,561)

(235,075,120)

Administrative expenses

(614, 261,645)

(579,084,658)

(342,280,473)

(318,935,481)

Other income

369,408, 618

362,188,559

144,537,378

264, 258,174

Other expenses

(126,868,917)

(54,347,763)

(9,877,564)

Operating profit

806,441,947

1,445,175,582

334,213,037

674,089,073

Finance costs

(20,795,188)

(17, 007,572)

(12,073,230)

(15,218,919)

Profit before final taxes, minimum

tax differential and income tax

785,646,759

1,428,168, 010

322,139,807

658,870,154

Final taxes

Current

(16,313,837)



(14,138,776)



(11,077,841)



(8,873,508)

Prior

232,598

232.598

(16,081,239)

(14,138,776)

(10,840, 243)

(8,873, 508)

Minimum tax differential

(41,021,215)

(6,487,622)

(41,021,215)

Profit before income tax

728,544,305

1,407,541,612

270,273,349

649,996,646

Income tax

Current

(9,899,713)

(96,609,348)

16,198,429

(14,565,623)

Prior

35,625,831

35,625,831

Deferred

106,912,219

(63,755,161)

123,933,773

(63,828,170)

97,012,506

(124,738,678)

140, I 32,202

(42,767,962)

Profit for the period

825,556,811

1,282,802,934

410,405,551

607,228,684

Earnings per share - basic and diluted

0.73

1.13

0.36

0.54

Page 3 of 1









HUM NETWORK LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMeuT or coMPREHENSIVE INCOME

FOR THE HALF YEAR ENDED DECEMBER 31, 2025

(UN-AUDITED)

Half year ended Quarter ended

December 31, December 31, December 31, December 31,

2025 2024 2025 2024

---------- Rupees ---------- ---------- Rupees ----------

Profit for the period

825,556,811 1, 282,802,934

410,405,551

607,228,684

Dther comprehensive income

Total comprehensive income for the period

825,556,811 1,282,802,934

410,405,551

607, 228,684







HUM NETWORK LIMITED UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

Issued,

subscribed

Revenue Reserve -

and paid-up capital

Unappropriated Profit

Total

Rupees

Balance as at June 30, 26z4 (Audited)



1,134,000,000

8,722,456,137

9,856,456,137

Profit for the period



i ,282,802,934



1,282,8C2,934

Other comprehensive income

Total comprehensive income for the period

1,282,802,934

1,282,802,934

Balance as at December 31, 2024

1,134,000,000

10,005,259,071

11,139,259,071

Balance as at June 30, 2025 (Audited)



1,134,000,000



10,825,442,775



11,959,442,775

Profit for the period

825,556,811

625,556,811

Other comprehensive income

TutaI comprehensive income for the perioJ

-

825,556,811

615,556,811

Balance as at December 31, 2025

1,134,U00,000

11,650,999,586

12,784,999,586



Pa3e 5 o1 11



HUM NETWORK LIMITED ' UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH c - FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

CASH FLOWS FROM OPERATING ACTIVITIES

December 31, December 31,

2025 2024

(Rupees)

Profit before final taxes, minimum tax differential and income tax

Adjustments for:

785,646,759

1,428,168, 010

Depreciation on operating fixed assets

82,497,400

64,494, 915

Depreciation on right of use assets

1 2,886, 656

13,739,479

Amortisation on intangible assets

846,013

144, 839

Finance costs

20,795,188

17, 007, 572

Exchange loss / (gain) - net

1 26,868,917

(2,194, 572)

Profit on deposit accounts

(10,604, 280)

(53, 089,843)

Gain on disposal of operating fixed assets - net

(105, 243)

(2. 215, 495)

Realised gain on investments

(53,787, 026)

Dividend income

(25,000, 000)

(26,851,802)

Unrealised gain on revaluation of investments

(257,649,797)

(245,8 9,334)

(103,252,172)

(234, 784, 238)

(Increase) / decrease in current assets

Inventories

(174,304)

Television program costs

(125, 032,352)

(95, 183, 750)

Trade debts

(349,347.918)

153, 209, 817

Advances

(230,437,408)

(256, 017, 642)

Trade deposits and short term prepayments

8,694,706

1 1, 952, 991

Other receivables

$1,081,947,902)

(91 0,693, 087)

(1, 778, 070,874)

(1, 096, 905, 975)

Increase / (decrease) in current liabilities

Trade and other payables

(178,888,373)

218, 297,414

Contract liability (1 1,780.135)

Cash (used in) / generated from operations

1,274,564,660)

3C2,995,O76

Income tax paid

(58,775,633)

(172,972,931)

Final taxes paid

(16,313,837)

(14,138,776)

Minimum tax differential paid

(41,021,215)

(6,487,622)

Finance costs paid

(304,542)

(2,056,975)

Long term deposits, advances and prepayments - net

(133,289, 285)

1,302,420

Net cash (used in) / generated from operating activities

(1,524,269,172)

108,641,192

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to property and equipment Short term investments redeemed Short term investments made Dividend received

Profit received on deposit accounts

Proceeds from disposal of operating fixed assets

Net cash generated from / (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES

Interest portion of lease liabilities paid Principal portion of lease liabilities paid Loan received from relate party

Lang ter.c financing - net

(100,281,414)

(1 13, i 32,308)

964,360,601

(5,836,708)

25, 000, 000

26, 851,802

10,604, 280

53, 089,840

5, 519,027

3,924,682

(17,015,728)

( 4, 95'?°, 597)

(5,673,325)

(7, 068,773)

250,000,000

(15,625,001)

905, 202,494

(35,192,'o92)

Net cash generated from / (used in) financing activities

227,310,947

(37,644, 371)

Net (decrease) / increase in cash and cash equivalents

(391,755,731)

35, 89 , 129

Cash and cash equivalents at the beginning of the period

476, 205,41 1

748,14O, 168

Cash and cash equivalents at the end of the period

84,449,680

784,034, 297







ANNEXURE-B

HUM NETWORK LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AS AT DECEMBER 31, 2025 (UN-AUDITED)

ASSETS

NON-CURRENT ASSETS

Decem ber 31, " 2025

(Un-audited)

- Rupees

June 30,

2025

(Audited)

Property and equipment Intangible assets

Long term deposits and prepayments Deferred tax asset

CURRENT ASSETS

Inventories

Television program costs Trade debts

Short term investments Advances

Trade deposits and short term prepayments Other receivables

Taxation - net

Cash and bank balances

TOTAL ASSETS

EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

Authorised capital

1,559,680,379 1,567,450,395

228,435,472 229,890,899

403,638,986 270,349,701

373,673,348 253,915,959

2,565,428,185 2,321,€i06,954

9,579,352

9,579,352

1,356,809,323

1,400,015,137

4,034,556,089

4,156,163,219

768,556,916

1,395,048,840

1,636,375,110

1,142,638,894

142,460,386

163,715,656

452,299,280

250,112,867

463,719,057

372,888,127

3,289,407,134

2,916,927,547

12,153,762,648 11,807,089,639

14,719,190.833 14,128,696,593

1,500,00C,000 (2025: 1,50G,000,000) Ordi.vary shares of Re. 1/- each

1,500,000,000

1,500,000,000

Issued, subscribed and paid-up capital

1,134,000,000

1,134,000,000

Revenue Reserves

10,289,102,561

9,941,390,418

Other Reserves

595,588,110

575,690,310

Attributable to cwners of the Holding Company

12,018,690,671

11,651,080,728

Non-controlling interest

(88,774,836)

(88,749,922)

11,929,915,835

11,562,330,806

NON-CURRENT LIABILITIES

Lease liabilities



135,754,421

114,T28,733

Staff retirement benefits

113,412,084

130,755,178

249,166,505

245,483,911

CURRENT LIABILITIES

Trade and other payables -

2,485,526,386

2,160,694,784

Contract Liability

26,925,410

99,872,603

Unclaimed dividend

6,807,368

6,807,368

Current psrtion of lease liabilities

20,849,329

47,548,342

Current portion of long term financing

-

5,958,779

2,540,108,493

2,320,881,876

CONTINGENCIES AND COMMITMENTS

TOTAL EQUITY AND LIABILITIES

14,719,190,833

1 4,128,696.593



Page 7 of' 11





HUM NETWORK LIM ITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

December 31,

December 31,

December 31,

December 31,

2025

2024

2025

2024

- Rupees ----------

---------- Rupees ----------

Revenue - net

4,638,197,766

5,074,690,323

2,876,478,263

2,825, 647, 748

Cost of production



(3,174,473,923)



(2,703,783,150)



(2,224,035,480)



(1,746,622,397)

Transmission cost

(266,807,134)

(371,805,787)

(157,045,346)

(320,401,991)

(3,441,281,057)

(3,075,588,937)

(2,381,080,826)

(2,067,024,388)

Gross profit

1,196,916,709

1,999,101,386

495,397,437

758, 623,360

Distribution costs

(333,829,020)

(498,811, 086)

(218,846,052)

(239,339,154)

Administrative expenses

(837,208,919)

(799,541,875)

(458,933,915)

(496, 613,947)

Other income

293,325,317

408,162, 203

125,982,858

275,321,808

Finance costs

(21,366,659)

(17,815, 033)

(12,463,398)

(15, 797,986)

Profit before income tax and levies

297,837,427

1,091, 095,595

(6t,863,071)

282,194,079

Minimum tax differential

(41,021,215)

(6,487,622)

(41,021,215)

(6,487,622)

Levies -final tax

(16,081,239)

(14,138.776)

(11,077,841)

(8,873,508)

Profit before income taxes

240,734,973

1 070,469,1 7

(120,962,127)

273,320,571

Taxation

106,952,256

(122,174,746)

152,521,115

(31,837,735)

Profit after taxation

347,687, 229

948, 294.451

31,552,988

241, 482,836

Attributable to:

Owners of Holding Company

347,712,143

948,348, 612

31,571,445

235, 044, 068

Non-Controlling Interests

(24,914)

(54.161)

(12,457)

(48,854)

347,687, 229

948, 294,451

31,558,988

234,995, 214

Profit per share - basic and diluted

0.3 4

0.84

0.03

0.21



Pace 8 of 11



HUM BIETWORK LIMITED CONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

December 31, December 31,

2025 2024

Rupees

Profit for the period

347,687,229

948, 294,451

Other comprehensive (loss) / income

19,897,800

(261,109,863)

Total cccprehensive income for the period

3E7,585,029

687,184,588









HUM NETWORK LIMITED

CONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENT

FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

CASH FLOWS FROM OPERATING ACTIVITIES

December 31, Decem ber 31,

2025 2024

---- ---- Rupees ---------

Profit before final taxes, minimum tax differential and income tax

Adjustment for:

297,837,427

1,091, 095,595

Depreciatio.n on operating fixed assets

92,932,696

77,168,400

depreciation on right of use assets

12,836,656

13,739,470

Amortisation on intangible assets

846,013

714,116

Finance costs

21,366,659

17,815,033

Profit on deposit accounts

(56,360,736)

(101,960,549)

Gain on disposal of operating fixed assets - net

(105,243)

(2,999,700)

Unrealized gain on Revaluation of Investments

(259,097,183)

(245,819,334)

Exchange difference on translation of foreign currency

(90,546,784)

(261,109,863)

Dividend income

(25,006,185)

(26,851,802)

(Gain) on redemption / sale of investments

(53,787,026j

Exchange Loss/(gain)

118,929,293

7,433,039

(237,941,84Q)

(52'1,871,190)

Operating Profit before working capitaI change s

59,895,567

569,224,4C7

(Increase)/decrease in current assets

Inventories

Television program cos's

Trade debts

Advances,deposits and prepayments

Other receivables

Increase in current liabilities

(509,854,4". 6)

l 06,233,279)

Trade and other payables

251,884,409

1,334,249,799

CASH GENERATED FROM OPERATIONS

(198,474, 420)

: , 397,240,92 7

Taxes paid

Finance cost paid

Long term deposits, advances and prepayments - net

Employees end of Service

Net cash generated from operating activ ities

(530,812,027)

914,410,926

(173,24g)

43,205,814

(95,183,750)

121,607,130

1,211,268,8C8

(472,480,946)

(1,922,46=,107)

(202,186,413)

319,956

(160,738,569)

(1S'1,663,202)

(21,366,659)

(2,864,426)

(133,289.285)

(1,306.278)

(17,343,094)

13,003,905

EACH FLOWS FROM INVESTING ACTIVITIES

Addition° to property and equipment Short term in•7estments - net Di'7idend received

Profit received on bank accounts

Proceeds from disposal of operating fixed assets

Net cash (used in) / generated from inv estin'g activ ities

CASH FLOWS FROM FINANCING ACTIVITIES

925,980,v67

(527,330,64?)

Long term financing

(13,746,917)

Leese rentals paid



(22,689,053)

(22,019,372)

Net cosh used from financing activ ities

(22,689,053)

(35,766,349)

Net increase I (decrease) in cash and cash equivalents

372,479,587

551,313,934

Cash and cash equivalents at the beginning of the period

2,916,927,547

2,313,397,809

Cash and cash equiv at*nts at the end of the period

3,289,407,134

2,664,711,743



(100,281,414)

(124,692,944)

939,376,133

(535,374,694)

25,006,185

2o,851,802

56,360,736

101,960,549

5,519,0/7

3,924,644

Image 10 of' 1 1





NUM NETWORK LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY

FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (UN-AUDITED)

Revenue Reserves

Issued, F<.eign

subscribe 4 and paid-up

cxchange translation

Unappropriated

Non-

eontrolling

capital

reserve

profit

Sub•total

interc st

Total

Balance as at July 01, 2024 (Audited)



1,134,??0,000

555,396,689

8.730,827,072

9,286,223,761

(88,677,922)

13,331,545,839

Profit/(Loss) fcr the period

948 348,612

948,348,6 *

(54,161)

948,294,451

Other comprehensive income

-

(261,109,863)

(261,109,863)

-

(261,109,863)

Total comprehensive income / (loss)

for the period

-

(261,109,963)

948,348,612



(54,161)

687,184,588

Balance as at December 30, 2024

1,134,000,000

294,286,826

9,679,175,684

9,973,462,510

(88,732,083)

11,018,730,427

Balance as at July 01, 2025 (Audited)



1,134,000,ooo

s7s,690,310

9,941,390,418

11,651,080,728

(88,749,922)

11,562,330,306

Profit for the period

347,71¥,143

347,712,143

(24,914)

347,687,229

Other comprehensive Loss - , 9,897,800 - 1S,897,800 - 19,g97,8C0 Tstal comprehensive inccme / (Ie ss)

fcr the year

19,887800

347,712,143

367,609,943

(24,914)

367,585,029

Balance as at December 30, 1025

1.1f¿.0,000

595,588,110

.v,289,102.561

. 2.018,690,671

(88,774,826)

.1,929,915,835



Pasc 11 of 1 I



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