Atlas Honda Limited (PSX: ATLH) has reported a profit of Rs. 10.6 billion for the nine-month period ending December 31, 2024, reflecting a significant 75% increase from Rs. 6 billion in the same period last year. This surge translates to an Earnings per Share (EPS) of Rs. 85.84, compared to Rs. 49.01 for the same period last year.

During these nine months, the company achieved net sales of Rs. 146.8 billion, marking a 27% increase over the previous year. This rise in sales volume, better sales mix, and stable exchange rates resulted in a 79% increase in gross profit, which went up from Rs. 7.8 billion to Rs. 14 billion.

Sales and marketing expenses saw a 22.5% rise, amounting to Rs. 2.8 billion due to promotional activities and general inflation, while administrative expenses increased by 24% to Rs. 799.7 million, primarily driven by inflation and CSR initiatives.

Other income, net of other operating expenses and financial charges, contributed Rs. 7.37 billion to the bottom line, an 18% increase from the previous period, thanks to efficient treasury operations.

These factors cumulatively supported the company in achieving a profit before tax of Rs. 16.7 billion, up by 68%.

As of the filing date, Atlas Honda’s stock was priced at Rs. 873.29, reflecting a gain of Rs. 79.39, with a turnover of 63,379 shares on Thursday.
Image by Atlas Honda