News Makers News From Pakistan
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 | 6,053,399 | 5,022,991 | 10,665,090 | 10,660,160 |
| Cost of sales | (5,839,356) | (4,966,866) | (10,393,887) | (10,517,916) |
| ——— | ——— | ———- | ———- | |
| Gross profit | 214,043 | 56,125 | 271,203 | 142,244 |
| Distribution and marketing cost | (34,213) | (42,600) | (60,927) | (74,579) |
| Administrative expenses | (44,828) | (46,522) | (81,916) | (82,933) |
| Other operating income | 83,699 | 32,055 | 142,239 | 50,644 |
| Other operating expenses | (83,015) | (30,796) | (119,068) | (87,489) |
| ——— | ——— | ———- | ———- | |
| (78,357) | (87,863) | (119,672) | (194,357) | |
| ——— | ——— | ———- | ———- | |
| Profit / (loss) from operations | 135,686 | (31,738) | 151,531 | (52,113) |
| Finance cost | (22,281) | (36,637) | (54,215) | (76,393) |
| ——— | ——— | ———- | ———- | |
| Profit / (loss) before taxation | 113,405 | (68,375) | 97,316 | (128,506) |
| Taxation | (89,441) | 12,818 | (124,451) | (27,935) |
| ——— | ——— | ———- | ———- | |
| Profit / (loss) after taxation | 23,964 | (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
