Honda Atlas Cars Pakistan Ltd. (HCAR) ne Q2 2023 mein, profit after tax mein 78% annual decline ko Rs 144.9 million tak report kiya.

Sales 87.5% kam hui and Rs 3.77 billion tak pohunch gayi, jab ke Gross loss Rs 148.3 million tha.

Other income mein 71.4% increase hua.

Distribution and marketing costs mein 42.2% decline hua, jab ke administrative expense mein 18.2% decline record hua.

Financing costs 120.8% barh gai, and tax kam the as compared to expenses previous year. 

Local car industry kay economic meltdown ke baad halaat behtar nahi rahe.