06-17-2024, 07:44 PM
Wizm Engineered subversion
KARACHI:After a robust fiscal year 2011-12, Indus Motor Company saw yeezys slide a considerable dip of 38% in car sales in first half (July-December) of current fiscal year, which brought down profit after tax by 44% to Rs0.98 billion compared to Rs1.77 billion in the same period of last year.Sales of Toyota brand, both completely knocked down (CKD) dunks and completely built units (CBU), were down 38% to 14,994 units compared to 24,341 units in the corresponding period last year.Net sales revenue for the first half of 2012-13 decreased 26% to Rs24 billion compared to Rs33 billion in the corresponding period of previous year.The company said the sluggish market demand forced it to shut down the plant for 53 days, but it did not lay off any workers.Indus Motor is not the only car assembler which saw its sales plunge, other two car assemblers 鈥?Honda and Suzuki 鈥?a air max 96 lso faced similar challenges in the first six months of FY13.Atif Zafar, analyst at JS Global Capital, told The Express Tribune sales of Honda a nb 530 ISLAMABAD:Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has stressed the need for bringing a behavioural change in the Higher Ed new balance damen ucation In nike air nike stitutions to counter lack of tolerance in society.
KARACHI:After a robust fiscal year 2011-12, Indus Motor Company saw yeezys slide a considerable dip of 38% in car sales in first half (July-December) of current fiscal year, which brought down profit after tax by 44% to Rs0.98 billion compared to Rs1.77 billion in the same period of last year.Sales of Toyota brand, both completely knocked down (CKD) dunks and completely built units (CBU), were down 38% to 14,994 units compared to 24,341 units in the corresponding period last year.Net sales revenue for the first half of 2012-13 decreased 26% to Rs24 billion compared to Rs33 billion in the corresponding period of previous year.The company said the sluggish market demand forced it to shut down the plant for 53 days, but it did not lay off any workers.Indus Motor is not the only car assembler which saw its sales plunge, other two car assemblers 鈥?Honda and Suzuki 鈥?a air max 96 lso faced similar challenges in the first six months of FY13.Atif Zafar, analyst at JS Global Capital, told The Express Tribune sales of Honda a nb 530 ISLAMABAD:Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has stressed the need for bringing a behavioural change in the Higher Ed new balance damen ucation In nike air nike stitutions to counter lack of tolerance in society.