Atlas Honda Limited Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 31, 2018 at 04:21 am EST
Atlas Honda Limited announced earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported net sales of PKR 19,594,170,000 compared with PKR 17,236,588,000 for the same period a year ago. Profit from operations was PKR 1,599,450,000 compared with PKR 1,364,358,000 for the same period a year ago. Profit before tax was PKR 1,596,728,000 compared with PKR 1,360,497,000 for the same period a year ago. Profit after tax was PKR 1,170,503,000 or PKR 11.32 per basic and diluted share compared with PKR 1,000,574,000 or PKR 9.68 per basic and diluted share for the same period a year ago.
For the nine months, the company reported net sales of PKR 56,511,563,000 compared with PKR 46,904,938,000 for the same period a year ago. Profit from operations was PKR 4,652,475,000 compared with PKR 3,695,476,000 for the same period a year ago. Profit before tax was PKR 4,638,695,000 compared with PKR 3,677,232,000 for the same period a year ago. Profit after tax was PKR 2,711,332,000 or PKR 33.00 per basic and diluted share compared with PKR 2,711,332,000 or PKR 26.22 per basic and diluted share for the same period a year ago.