Fzso Market watch Four-day losing streak comes to an end
KAR
airmax ACHI:Honda Atlas Cars Pakistan Limited (HCAR) posted a significant profit in the third quarter ended on December 31, 2022, the company announced on Thursday.In its financial result for the third quarter, the HCAR reported that its after-tax profits increased 82% to reach Rs810.825 million from Rs445.945 million recorded in the same period last year.The auto giant reported that its earnings per share (EPS) stood at Rs5.68 in the quarter under review, up by 82%, against Rs3.12 in the same period last year.According to a Topline Securities report, ldquo The earnings were higher than the industry rsquo s
adiletten original expectations due to higher-than-expected gross margins. rdquo The gross margins of the company also improved as a resul
nike jordan t of newer effective prices and higher volumes.Other income of HCAR, however, dropped by Rs321million.Other incomes of the auto sector were affected due to a drop in booked orders and higher cash requirements for Letters of Credit (LCs).Pakistan rsquo s automobile sect Ekof Rain thunderstorm in Sindh including Karachi predicted from Thursday
ISLAMABAD:The federal government is still spending more than Rs700 million on fuel and maintenance of vehicles run by 41 ministries and divisions despite the new austerity measures announced by the new government.Prime Minister Imran Khan
nikeaire had decided to auction mo
nike air max damen re than 100 luxury cars because the misuse of vehicles is a massive burden on the national exchequer. On the one hand, the government is hell bent on adopting strict austerity measures but at
air force usa the same time, senior civil servants are misusing cars despite taking hefty allowances as compensation from the government, said a grade-20 official in the Cabinet Division.According to official figures compiled by the Establishment Division, the government spent Rs622 million on as many as 398 vehicles run by various ministries and divisions between January 2013 and January 2017.Businessmen expect austerity drive to improve economic healthThe Ministry of Finance operated 38 cars during the same period while the Cabinet Division had 29 v
