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Election of Directors of Atlas Honda Limited

Karachi, Atlas Honda Limited informed Pakistan Stock Exchange that the eight members have been elected as Directors of the Company at the Extraordinary General Meeting of the Company held on March 13, 2023 at Lahore for a term of three years commencing from March 14, 2023.

Atlas Honda Limited is a Public Limited Company, it was incorporated in Pakistan on October 16, 1962. The Company is engaged in the manufacturing and marketing of motorcycles and spare parts. The registered office of the Company is located in Lahore. The Company has five branch office all over the Pakistan to provide its services.

The Company currently has a production capacity of over 1.35 million units per annum and continues to maintain its status as market leader both in terms of volume and quality. It also exports its motorcycles and spare parts to Bangladesh and Afghanistan.

The total numbers of shares of the Company are 124,087,935. The Earnings per shares of the Company are 28.97 in 2021 which was 24.81 in 2020. The Proft after Taxation is Rs. 3,594,798,000 in 2021 which was Rs. 3,078,400,000 in 2020.

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