Hinopak Motors Struggles with Marginal Gains in a Competitive Environment

Karachi, Hinopak Motors Ltd (HINO) has posted an EPS of Rs 0.65 for the fiscal year ending in March 2024, reflecting marginal profitability amid intense competition in the heavy vehicle segment. With no dividends distributed for the recent fiscal years, the company’s shares were traded at Rs 234.80. Hinopak, with a paid-up capital of Rs 248.01 million, saw a turnover of 143,100 shares since its 1988 listing, indicating its enduring presence in the market despite recent financial pressures.