Honda Atlas Cars (Pakistan) Ltd. Announces Dividends Amid Increased Earnings

Karachi, Honda Atlas Cars (Pakistan) Ltd. (HCAR) closed at 239.70 Pakistani Rupees per share, announcing a 70% dividend for the year. The company did not offer dividends in the previous year, marking a shift in its financial distribution policy. Honda Atlas, listed since 1994, reported an impressive EPS of 190.3 Rupees for the first quarter of 2024. The shares traded between 1,428.00 Rupees and 239.70 Rupees, indicating robust market activity and investor confidence.