Corporate Alert: Honda Atlas Cars announces Financial Results for the First Quarter ended June 30, 2017 reports EPS of 14.61

MG News | July 25, 2017 at 03:45 PM GMT+05:00

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Honda Atlas Cars announced its financial results for the first quarter ended June 30, 2017.

The company's Sales increased by 100percent in the outgoing year, whereas the profit for the period increases by 99percent in comparison to same quarter previous year.

The board approved Cash Dividend of Rs. 4.18 per share i.e. 41.8%

	April - June
Key Financials	2017	2016	% Change
Sales	21,058,129	10,533,291	100%
Cost of Sales	18,067,865	8,915,596	103%
Gross Profit	2,990,264	1,617,695	85%
Distribution and Marketing Costs	148,792	91,666	62%
Administrative Expenses	136,287	97,619	40%
Profit from Operations	2,917,882	1,415,020	106%
Finance Cost	3,418	2,139	60%
Profit before Taxation	2,914,464	1,412,881	106%
Taxation	828,193	362,133	129%
Profit after Taxation	2,086,271	1,050,748	99%
Earnings per share - basic and diluted	14.61	7.36	99%

The complete statements can be accessed here.

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