Honda Atlas Cars (Pakistan) Limited’s financial results for the 3rd quarter ended December 31, 2012

Karachi, January 29, 2013 (PPI-OT): This is to inform you that the Board of Directors of our company in their meeting held at 11:00 a.m. on Tuesday, January 29, 2013 has approved the accounts for the period ended December 31, 2012.

The financial results of the company are as follows:

Rupees in 000

October-December

April-December

2012

2011

2012

2011

Sales

6,721,696

3,776,853

19,514,715

14,441,943

Cost of sales

(6,404,696)

(3,760,956)

(18,648,430)

(14,154,843)

———

———

———-

———-

Gross profit

317,000

15,897

866,285

287,100

Distribution and marketing costs

(49,824)

(34,279)

(145,360)

(95,206)

Administrative Expenses

(47,653)

(35,039)

(143,921)

(116,955)

Other operating income

74,569

30,497

103,097

172,736

Other operating expenses

(154,542)

(75,682)

(403,928)

(194,750)

———

———

———-

———-

(177,450)

(114,503)

(590,112)

(234,175)

———

———

———-

———-

Profit/ (Loss) from operations

139,550

(98,606)

276,173

52,925

Finance cost

(16,300)

(41,039)

(147,836)

(95,254)

———

———

———-

———-

Profit/ (Loss) before taxation

123,250

(139,645)

128,337

(42,329)

Taxation

(41,901)

24,006

(117,890)

(100,445)

———

———

———-

———-

Profit/ (Loss) after taxation

81,349

(115,639)

10,447

(142,774)

———

———

———-

———-

Earning/ (Loss) per share-basic and

0.57

(0.81)

0.07

(1.00)

For more information, contact:
Honda Atlas Cars (Pakistan) Limited
43-Km, Multan Road,
Manga Mandi, Lahore. (Pakistan)
Ph: (042) 35384671-80
Fax: (042) 35384691-92
Web: www.honda.com.pk

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