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MarketScreener Homepage  >  Equities  >  KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE  >  Atlas Honda Ltd    ATHO   PK0009201010

ATLAS HONDA LTD

(ATHO)
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Atlas Honda : Credit of Final Cash Dividend of Atlas Honda Limited

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06/25/2019 | 09:14am EDT

Atlas Honda Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 10 per share i.e. 100% for the year ending March 31, 2019 has been credited electronically into the designated bank accounts of the shareholders of the Company on May 25, 2019.

The announcement is available at:

https://dps.psx.com.pk/download/image/132060-1.gif

Atlas Honda Limited was incorporated as a public limited company on October 16, 1962 under the Companies Ordinance, 1984. The company is principally engaged in the manufacturing and marketing of motorcycles and spare parts. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The manufacturing and assembling facilities of the company are located at Karachi and Sheikhupura, with branches, warranty and training centres and other offices are located at Karachi, Hyderabad, Multan, Lahore, Rahim Yar Khan and Rawalpindi.

The company is a joint venture between the Atlas Group and Honda Motor Co. Ltd., Japan. The company was created by the merger of Panjdarya Limited and Atlas Autos Ltd. in 1988. Both these motorcycle manufacturing concerns were established by the Atlas Group. In addition, a third concern, Atlas Epak Ltd. was taken over by the Government of Bangladesh in 1971 after the fall of Dhaka. The company has a network of over 1600 sales service and spare parts dealers established within the country. Atlas has Warranty and Training Centers in Karachi and Lahore which provide several courses of varying duration and complexity for motorcycle mechanics and users each year.

The membership of industry and associations are with the Pakistan Automotive Manufacturers Association, Marketing Association of Pakistan, Management Association of Pakistan, Lahore Chamber of Commerce & Industry, Sheikhupura Chamber of Commerce & Industry, Overseas Chamber of Commerce & Industry and Karachi Chamber of Commerce & Industry.

The symbol "ATLH" is being used by the stock exchanges for the shares of Atlas Honda Limited.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
ATLAS HONDA LTD End-of-day quote.
HONDA MOTOR CO LTD -0.37% 2836.5 End-of-day quote.1.30%
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Financials (PKR)
Sales 2019 -
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Capitalization 39 701 M
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Last Close Price 319,94  PKR
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Managers
NameTitle
Saquib H. Shirazi Chief Executive Officer & Executive Director
Yusuf H. Shirazi Non-Executive Chairman
Kashif Yaseen Chief Financial Officer
Muhammad Mushtaq Alam General Manager-Information Technology
Yasutaka Uda Executive Director & Vice President-Technical
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