Atlas Honda to increase its production up to 1.5 million units per year

Pakistan’s largest bike manufacturing company Atlas Honda has announced that the company will be increasing its production capacity to 1.5 million units per year. The board of directors has approved the plan to increase the already installed capacity of the plant, and the project is estimated at $ 15 million.

The company sold over 1 lac bikes in January this year, and as the buying power of the people is rising, the company is aiming to grab more market share.

Aside from plan to increase the production capacity, Atlas Honda has also posted its profit for the year that ended on 31st March 2018.  According to the company it made a profit of PKR 4.66 billion up 24.27%. On the contrary, the company made a net profit of PKR 3.75 billion in the same period of the preceding year.

The overall sales of the company have also gone up by 20.05% from PKR 64.53 billion to PKR 77.47 billion. Moreover, the Earnings per share of the company has also increased, it now stands at PKR 45.10.

Read Also: Loads Limited gains PKR 48.3 million profit for last quarter

Furthermore, Pak Suzuki has also posted its profits for the quarter that ended on March 31st, 2018; it attained the profit PKR 904.14 million in the said period. Additionally, Hascol has posted their profits for the year 2017, and it looks quite promising. According to the notice, which the company sent to Pakistan Stock Exchange, it earned PKR 1.32 billion in profit, which has gone up by 10 percent compared to its preceding year.

Stay tuned to for more exciting automobile related news.

My name is M. Ali Laghari and I love to read and write about Cars.

Notable Replies

  1. Dear Atlas Honda,

    To increase Market share, By all means, Please, Please, Please don't increase the Production number of Phateechar Decades OLD, ANCIENT CD70 & CG125, Do something that is Actually Useful & Authentic like the Other regions, the Business practices you're doing are very Un-Fair.

    Focus on local manufacturing of new engines like YAMAHA did, Also price friendly by making them locally, At least New Engines!!!

    But I think you Only Love & Live for Profits, & you only care about the Profits, Companies abroad work to bring actual happiness & satisfaction of their customers, But you only work for your happiness i.e. Heavy Pockets of Profits by Selling old engines which fulfill your "PROFIT GOALS" not "CUSTOMER SATISFACTION".

  2. I have only one disagreement from your overall comment, no company is in it to make world a better place. At the end of the day, their loyalties are and they will always be to their investors and that's about it.

  3. Maybe companies role is not but govt role is .

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