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    ATLH   PK0009201010

ATLAS HONDA LIMITED

(ATLH)
  Report
End-of-day quote. End-of-day quote The Pakistan Stock Exchange - 06/24
500.56 PKR   +0.10%
2020Credit of Final Cash Dividend of Atlas Honda Limited
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2020Credit of Final Cash Dividend of Atlas Honda Limited
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202056th Annual General Meeting of Atlas Honda Limited
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

56th Annual General Meeting of Atlas Honda Limited

07/01/2020 | 11:11am EDT

Atlas Honda Limited informed Pakistan Stock Exchange that the resolution passed at the 56th Annual General Meeting of the Company held on June 30, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/document/149575.pdf

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 LIMITED 0.10% 500.56 End-of-day quote.0.11%
HONDA MOTOR CO., LTD. 1.38% 3531 End-of-day quote.22.71%
PAKISTAN STOCK EXCHANGE LIMITED 1.92% 22.82 End-of-day quote.53.98%
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Financials
Sales 2021 93 157 M 591 M 591 M
Net income 2021 3 595 M 22,8 M 22,8 M
Net Debt 2021 - - -
P/E ratio 2021 15,9x
Yield 2021 3,80%
Capitalization 62 113 M 394 M 394 M
EV / Sales 2020 0,41x
Capi. / Sales 2021 0,61x
Nbr of Employees -
Free-Float 9,73%
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Income Statement Evolution
Managers and Directors
NameTitle
Saquib Hussain Shirazi Chief Executive Officer & Executive Director
Kashif Yasin Chief Financial Officer
Aamir H. Shirazi Chairman
Muhammad Mushtaq Alam General Manager-Information Technology
Hirofumi Yada Executive Director & General Manager-Technical
Sector and Competitors
1st jan.Capitalization (M$)
ATLAS HONDA LIMITED0.11%392
BAJAJ AUTO LIMITED10.30%16 385
YAMAHA MOTOR CO., LTD.52.33%10 169
EICHER MOTORS LIMITED6.95%10 056
HERO MOTOCORP LIMITED-6.47%7 891
HARLEY-DAVIDSON, INC.25.45%7 009