$HCAR Honda Atlas Cars Limited (HCAR): Result review – By HMFS Research
$HCAR
Honda Atlas Cars (Pakistan) Limited
Rs. 235.68
-1.80%
- Honda Atlas Cars (Pakistan) Limited (HCAR) announced its 3QMY26 results, reporting a profit after tax (PAT) of PKR 655mn (EPS: PKR 4.59), down 12% QoQ but up 16% YoY. The QoQ decline in earnings was primarily driven by a sharp rise in finance costs and distribution & marketing expenses, which more than offset healthy revenue growth.
- On a YoY basis, earnings improved on the back of strong topline growth, reflecting higher sales volumes amid improving demand conditions.