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Saturday, November 28th, 2020

Honda Atlas Cars (Pakistan) Limited’s financial results for half year ended September 30, 2011

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Karachi: This is to inform you that Board of Directors of the company in their meeting held at 11:00 am on Friday, November 25, 2011 at our factory has approved the accounts for the half year ended Sept 30, 2011 along with limited review report by auditors.

The financial results of the company are as follows:

 

Rupees in 000

July – September

April – September

2011

2010

2011

2010

Sales 6,053,3995,022,99110,665,09010,660,160
Cost of sales(5,839,356)(4,966,866) (10,393,887) (10,517,916)
 —————————- ———-
Gross profit214,04356,125271,203142,244
Distribution and marketing cost(34,213) (42,600) (60,927)(74,579)
Administrative expenses(44,828) (46,522)(81,916) (82,933)
Other operating income83,69932,055142,23950,644
Other operating expenses(83,015)(30,796) (119,068) (87,489)
 —————————-———-
 (78,357)(87,863) (119,672)(194,357)
 ——— ——————- ———-
Profit / (loss) from operations135,686 (31,738) 151,531 (52,113)
Finance cost(22,281) (36,637) (54,215)(76,393)
—————— ———-  ———-
Profit / (loss) before taxation113,405(68,375)97,316  (128,506)
Taxation (89,441)12,818(124,451)(27,935)
 —————————-———-
Profit / (loss) after taxation23,964(55,557) (27,135) (156,441)
 ——— ——————- ———-
Earnings / (loss) per
share – basic and diluted   Rs.0.17(0.39)(0.19) (1.10)

 

For more information, contact:
Sardar Abid Ali Khan
Vice President and Company Secretary
Honda Atlas Cars (Pakistan) Limited
43-Km, Multan Road,
Manga Mandi, Lahore. (Pakistan)
Ph: (042) 35384671-80
Fax: (042) 35384691-92
Web: www.honda.com.pk

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