Corporate Alert: Atlas Honda reports an EPS of 10.64 for the period ended June 30, 2017

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By MG News | July 31, 2017 at 01:19 PM GMT+05:00

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Atlas Honda announced Financial Results for the period ended June 30, 2017.

The company's Sales for the period increased by 2 percent in the outgoing quarter, whereas the Profit after Taxation for the Period declined by 75 percent.

The board has recommended no cash dividend, bonus shares or right shares for the period.

Comparison of Key Financials

Financial Results - For the Quarter Ended April to June

Key Financials

2017

2016

% Change

Sales

17,639,849

14,797,202

19%

Cost of Sales

15,747,988

13,267,500

19%

Gross Profit

1,945,861

1,529,702

27%

Sales and Marketing Expenses

436,701

371,791

17%

Administrative Expenses

148,051

125,754

18%

Other Operating Income

222,434

198,897

12%

Other Operating Expenses

113,205

86,188

31%

Profit from Operations

1,470,338

1,144,866

28%

Finance Cost

2,867

3,945

-27%

Share of Profit of an associate - net of tax

14,201

11,008

29%

Profit before taxation

1,481,672

1,151,929

29%

Taxation

381,501

301,484

27%

Profit after Taxation

1,100,171

850,445

29%

Earnings per share - Rs

10.64

8.22

29%

Amounts in PKR ‘000

The complete statements can be accessed here.

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