Honda Atlas Cars Pakistan Ltd. Announces Dividends Amid Modest Quarterly Earnings

Karachi, Honda Atlas Cars (Pakistan) Ltd. (HCAR) announced a 70% dividend despite an EPS of 1.82 rupees for the first quarter of 2024. The company's share price peaked at 289 rupees. This dividend announcement follows a pattern of occasional distribution to shareholders. Listed in 1994, the company has a substantial paid-up capital of 1,428.00 million rupees.