KARACHI: Pak Suzuki Motor Company posted profit after tax for 2018 at Rs1.30 billion and earnings per share (EPS) at Rs15.77, plunging by 66 per cent, from PAT at Rs3.83bn and EPS Rs46.49 the previous year.
The board declared cash dividend at Rs3.16 per share. Sales grew 18pc to Rs119.9bn for CY18 from Rs101.8bn the earlier year, which the analysts at Arif Habib Ltd attributed to volumetric growth of 5pc to 138,003 units, from 130,813. Further, multiple increase in car prices averaged 10-15pc.
Published in Dawn, March 26th, 2019
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