<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">ATBA is one of the leading manufacturers and distributors of
automotive and storage batteries and allied products in Pakistan. The Company
posted profit after tax (PAT) of ~PKR 1.3Bn, down 41%YoY during FY24 as
compared to ~PKR 2.2Bn in the SPLY. Earnings also witnessed a decline as EPS
was recorded at PKR 38.37 compared to PKR 62.86 in FY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The total battery market in Pakistan is ~10Mn units with
ATBA having a 24% market share. During FY24, the overall market declined by
10%, impacting ATBA along with other players in the market. However, the
topline of the Company remained unchained, attributed to stable pricing because
of higher inflation throug...
