Karachi, Honda Atlas Cars Pakistan Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 23, 2018.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for year ended December 31, 2017 which portrayed a profit of Rs. 1,416,733 with earnings per share 9.92 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Honda Atlas Cars Pakistan Limited is a public limited company incorporated in Pakistan on November 4, 1992. The Company is a subsidiary of Honda Motor Company Limited, Japan. The principal activities of the company is assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July, 1994. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.
The symbol “HCAR” is being used by the stock exchange for the shares of Honda Atlas Cars.