Karachi, Indus Motor Company Limited informed Pakistan Stock Exchange that the final cash dividend @ Rs. 36.50 per share, i.e. 365% for the year ended June 30, 2021 has been credited electronically into the designated bank accounts of the shareholders of the Company on October 07, 2021.
Indus Motor Company Limited was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1989. The Company was formed in accordance with the terms of a Joint Venture agreement concluded amongst certain House of Habib companies, Toyota Motor Corporation and Toyota Tsusho Corporation for the purposes of assembling, progressive manufacturing and marketing of Toyota vehicles. The Company also acts as the sole distributor of Toyota and Daihatsu vehicles in Pakistan and has a license for assembling, progressive manufacturing and marketing of these vehicles in Pakistan.
Indus Motor Company Limited’s manufacturing facility and offices are located at a 107 acre site in Port Qasim, Karachi. The product is delivered to end customers nationwide through a strong network of 50 independent 3S Dealerships spread across the country.
The total number of shares of the Company are 78,600,000. The Earnings per shares is 64.66 in 2020 which was 174.49 in 2019. The profit after taxation in 2020 is 5,082,027,000 which was 13,714,975,000 in 2019.