Atlas Honda shows record revenue of 6.08 billion within 9 months

Atlas Honda Limited (ATLH), an automobile company recorded on the Pakistan Stock Trade (PSX), as of newly unveiled its monetary achievement for the nine months finishing December 31, 2023. The auto brand detailed a significant development in income after levy, summing to Rs6.08 billion amid this period, compared to Rs3.69 billion within the same period previous year.

The essential increment in income is credited to a robust 12.63% development within the company’s top line, coming to Rs115.42 billion. In spite of the fact that the fetched of deals experienced an uptick, the net benefit shown a commendable change, checking a development of 21.75%.

Other revenue seen a noteworthy surge, coming to Rs6.24 billion. Whereas deals and promoting costs rose, there was a diminish in other costs. The fund costs caused an increment due to higher intrigued rates, and the company too contributed a eminently bigger sum in taxes.

Atlas Honda Limited’s benefit some time recently tax collection illustrated a exceptional increment of 72.75% year-on-year. By and large, the monetary report demonstrates that the company has kept up a vigorous and positive execution amid the looked into period.