Hinopak Motors Ltd Faces Challenges with Negative Earnings

Karachi, Hinopak Motors Ltd (HINO), part of the Pakistan Stock Exchange since 1988, reported a negative EPS of Rs. (11.62) for the fiscal year ending March 2023. The company did not declare any dividends for the year, reflecting its financial difficulties. Hinopak Motors’ daily weighted average rate was Rs. 294.72, increasing to Rs. 297.44. The company’s paid-up capital is Rs. 248.01 million, indicating its ongoing efforts in the automobile assembler industry despite the challenges.