Atlas Honda posts profit

KARACHI: Atlas Honda, the country's largest motorcycle manufacturer, posted a net profit of Rs1.334 billion for the quarter ended June 30, 2021, with an EPS of Rs10.75, a bourse filing said.

During the same quarter last year, the company had announced a loss of Rs117.784 million with loss per share of Rs0.95. The company did not announce any cash dividend.

Net sales for the quarter rose to Rs30.74 billion, compared with Rs9.15 billion a year earlier.

The company said its other income for the period rose to Rs409.79 million, compared with Rs265.57 million the previous year.