Home / Financial Results / Atlas Honda Limited’s financial results for the half year ended September 30, 2011

Atlas Honda Limited’s financial results for the half year ended September 30, 2011

Karachi: We have to inform you that the Board of Directors of Atlas Honda Limited (ATLH) in their meeting held at 11:30 a.m. on Monday, November 28, 2011 have approved the financial statements of Atlas Honda Limited for the Half Year Ended September 30, 2011, which have been subjected to limited scope review by the external auditors.

The financial results of the Company are as follows:

 

Quarter ended

Half year ended

July to September

April to September

2011

2010

2011

2010

(Rupees in 000′s)

SALES 9,646,618 7,436,520  19,435,001 15,457,814
COST OF SALES (8,972,008) (6,914,625) (18,073,333) (14,317,816)
———-  ———- ———- ———-
GROSS PROFIT  674,610 521,895 1,361,668 1,139,998
DISTRIBUTION COST (231,128) (175,729) (460,990) (405,395)
ADMINISTRATIVE EXPENSES (87,362) (68,830) (173,185) (144,487)
OTHER OPERATING INCOME 61,513 72,446 151,650 156,008
OTHER OPERATING EXPENSES (29,179) (22,801) (61,280)  (48,558)
———-  ———- ———- ———-
388,454 326,981 817,863 697,566
FINANCE COST (1,056) (25,704) (4,724)  (55,643)
 ———-  ———- ———- ———-
PROFIT BEFORE TAX 387,398 301,277 813,139 641,923
TAXATION (110,310) (94,595) (235,375) (210,415)
———- ———- ———- ———-
PROFIT AFTER TAX 277,088 206,682 577,754 431,508
———-  ———- ———- ———-
BASIC / DILUTED EARNINGS PER SHARE – RS. 3.85 2.87 8.03 6.00

 

No interim dividend has been declared.

For more information, contact:
Rashid Amin
Company Secretary
Atlas Honda Limited
Lahore Office: 1-McLoad Road,
Lahore.
Phones: (92-42)722-5015-17
Fax: (92-42)723-3518

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