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.
