Monday, December 23, 2024

Honda Atlas Growth Recorded with 163% in Profits

Honda Atlas Cars Pakistan has recently reported that a 163% surge in the total profit is recorded to Rs1.79 billion for year ended March 31, 2021 just because of the increase in car sales in Pakistan.

According to the official notice sent to the Pakistan Stock Exchange, the company had announced its after-tax profit of about Rs.681.7 million in the same period of previous year.

Moreover, the earnings per share have jumped to Rs.12.56 in this period under the review from of Rs.4.77 that was in the previous year.

The board of the company has also recommended a final cash dividend that is of about Rs.4.52 that is (45.2%) per share for this year ended March 31, 2021, as compared to Re1 per share that is (10%) declared in the previous year.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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