AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, July 24, 2012 (PPI-OT): This is to inform you that the Board of Directors of the company in their meeting held at 11:00 a.m. on Tuesday, July 24, 2012 has approved the un-audited accounts for the first quarter ended June 30, 2012.
The financial results for the quarter are as follows:
|
April June |
|||
|
2012 |
2011 |
||
| Sales |
5,965,265 |
4,611,691 |
|
| Cost of sales |
(3,863,079) |
(4,554,531) |
|
|
———— |
———— |
||
| Gross profit |
102,186 |
57,160 |
|
| Distribution and marketing costs |
(40,439) |
(26,714) |
|
| Administrative expenses |
(40,946) |
(37,088) |
|
| Other operating income |
12,598 |
58,540 |
|
| Other operating expenses |
(207,536) |
(36,053) |
|
|
———— |
———— |
||
|
(276,323) |
(41,315) |
||
|
———— |
———— |
||
| (Loss) / profit from operations |
(174,137) |
15,845 |
|
| Finance cost |
(73,397) |
(31,934) |
|
|
———— |
———— |
||
| Loss before taxation |
(249,534) |
(16,089) |
|
| Taxation |
28,509 |
(35,010) |
|
|
———— |
———— |
||
| Loss after taxation |
(221,025) |
(51,099) |
|
|
———— |
———— |
||
| Loss per share – basic and diluted | (Rupees) |
(1.55) |
(0.36) |
For more information, Contact:
Sardar Abid Ali Khan
Vice President and Company Secretary
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