Hum Network Ltd. Decreases Dividend Amid Positive Earnings

Karachi, Hum Network Ltd. (HUMNL), a prominent broadcaster in the technology and communication sector, declared a 20% bonus dividend for 2024, down from 35% in the previous year, despite positive earnings. The company’s stock experienced extensive trading, with highs of Rs. 7.29 and lows of Rs. 6, leading to a turnover of 107,042,500 shares. The daily weighted average rate was Rs. 6.53, slightly below the day’s rate of Rs. 6.60. With a paid-up capital of Rs. 1,134.00 million, Hum Network reported an EPS of Rs. 1.90 for Jan-Feb 2024, showcasing its enduring appeal and financial stability.

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Pakistan State Oil Reports Loss of Over 650 Shares

Karachi: Pakistan State Oil Company Limited (PSO) has reported the loss of share certificates totaling 657 shares, belonging to the deceased shareholder Mohammad Sharif Akhtar. This notification was made to the Pakistan Stock Exchange (PSX) as part of...

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