Atlas Honda Limited (ATLH), a company listed on the Pakistan Stock Exchange (PSX), has reported impressive financial performance for the nine months ending December 31, 2023.
The company achieved a substantial growth in profit after tax, totaling Rs6.08 billion compared to Rs3.69 billion in the same period last year. This notable increase is attributed to a strong 12.63% growth in the company’s top line, reaching Rs115.42 billion. Despite a rise in the cost of sales, the gross profit showed commendable improvement, marking a growth of 21.75%.
Other income experienced a significant surge, reaching Rs6.24 billion. While there were increases in sales and marketing expenses and finance costs due to higher interest rates, the overall financial report reflects that Atlas Honda Limited has maintained a robust and positive performance during the reviewed period.
