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Honda Atlas Cars (Pakistan) Limited (Pakistan)

Main Activities: Motor Vehicle Body Manufacturing
Full name: Honda Atlas Cars (Pakistan) Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Honda Atlas Cars Pakistan Limited is a joint venture between Honda Motor Company Limited Japan, and the Atlas Group of Companies, Pakistan.The company was incorporated on November --, 1992 and joint venture agreement was signed on August ---, 1993. The ground breaking ceremony was held on April 17, 1993 and within a record time of 11 months, construction and erection of machinery was completed. The first car rolled off the assembly line on May 26, 1994. Official inauguration was done by President of Pakistan, Sardar Farooq Ahmad Khan Leghari. Mr.Kawamoto, President of Honda Motor Company Limited Japan was also present to grace the occasion. The company is listed on Karachi, Lahore and Islamabad Stock Exchanges.On July 14, 1994, car bookings started at six dealerships in Karachi, Lahore, and Islamabad. Since then the Dealerships Network has expanded and now the company has sixteen 3S (Sales, Service and Spare Parts) and thirty 2S (Service and Spare Parts) Pitstops network in all major cities of Pakistan.Since the commencement of production in 1994, the company has produced and sold more than 150,000 cars till Oct, 2008. All dealerships are constructed in accordance with the standards defined by Honda World over. Percentage of local parts conforms to the government's policy. Local vendors are continuously patronized to develop parts locally. The quality of local parts is thoroughly checked to meet stringent international standards. We always strive to give outstanding service to our valued customers. In addition to providing regular service to customers, the company also regularly conducts Service Campaigns, to facilitate customer's need for service. This has given our customers absolute confidence in our cars, clearly evident from the ever increasing sale volumes. It is the constant endeavor of Honda Atlas Cars (Pakistan) Limited to achieve No .1 Customer satisfaction. Honda Atlas Cars (Pakistan) Limited is committed to meet customer expectations, and to provide good value for money . Currently we are offering 8 different models of Honda CIVIC and CITY cars in wide range of colors with unique technological and other features.

Legal Address
1-Mcleod Road
Lahore; Punjab;

Contact Details: Purchase the Honda Atlas Cars (Pakistan) Limited report to view the information.

Website: http://www.honda.com.pk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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President
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Vice President
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Vice President
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Chairperson
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Director / Member of the Management Board
Ownership Details
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30.79%
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7.23%
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5.11%
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1.53%
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1.3%
Company Performance
Financial values in the chart are available after Honda Atlas Cars (Pakistan) Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
-58.55%
Total operating revenue
-56.66%
Operating profit (EBIT)
-7.29%
EBITDA
-3.27%
Net Profit (Loss) for the Period
-11.09%
Total assets
-21.22%
Total equity
0.91%
Operating Profit Margin (ROS)
4.78%
Net Profit Margin
1.71%
Return on Equity (ROE)
-0.65%
Debt to Equity Ratio
53.28%
Quick Ratio
-0.32%
Cash Ratio
-0.12%

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