Hinopak Earns Rs.1.11 Billion Profit in Current Year

The largest truck and bus manufacturing company, Hinopak showed the net profit of Rs.1.11 billion for year ended against Rs.1.11 billion of the same period of the last year. The company has shown its improvement by earnings per share to Rs.90.31 against Rs.89.78 in the same period. The volume of the buses and trucks have been increased in 10 months by 42% and 19% in YoY respectively and the sale of trucks of HINO was increased by 25% YoY and the sales of the buses was ped by 5% YoY during the similar period.
The company has earned the overall revenue, which was 22,477,498 with the net profit of 1.11 billion. The company announced the financial result of the script lost of 5% on intraday trading and it is now being traded at Rs.1592 in KSE 100 index. The company prepares, assembles, manufactures and markets their buses and trucks in Pakistan. The company has earned top position in preparing the domestic use medium and heavy duty vehicles in the market.