Honda Atlas Cars Limited (HCAR): 3QMY25 Result Review Margins revive amid shifting sales mix – By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Honda Atlas Cars Pakistan Limited (HCAR) announced its 3QMY25 results today where the company posted PAT of PkR566mn (EPS: PkR3.97) vs. PAT of PkR143mn (EPS: PkR1.00) in SPLY. The annual incline is primarily driven by higher volumetric sales and improved margins given lower CRC/HRC prices. Overall, earnings remained largely in-line with our expectation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Topline of the company clocked in at PkR17.8bn in 3QMY25, an increase of 44% on yearly basis. This rise is majorly attributable to higher volumetric sales, with the company selling 3,804 units compared to 2,375 units in 3QMY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-se...