HinoPak Motors Nets Rs. 1.11 Billion Profit in 2017

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Hinopak Motors is the largest truck and bus manufacturing company, which earned the profit of 1.11 billion for year ended against the Rs.1.11 billion in the same period of the last year. The earning of per share of the company is improved to Rs.90.31 against Rs.89.78 in the same period.

The volumes of trucks and buses in the ten months of the current year is 42% and 19% of YoY respectively and the sale of the Hino truck was increased by 25% YoY and the sales of the buses were dropped by 5% YoY during the same period. The company has earned overall revenue for Rs.22,477,498 with the net profit of 1.11 billion. The company also announced the final cash dividend of 677.73% for the year ended by March 31, 2017.

When the company announced the financial result, the script lost of 5% on intraday trading and it is currently being traded at Rs.1592 in KSE 100 index. The company, Hinopak Motors limited assembles, manufactures and markets the vehicles like Hino diesel trucks and buses in Pakistan and the company won the top position in domestic market for medium and heav

HinoPak Motors

HinoPak Motors

y duty vehicles.

 

 

 

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