Karachi: Hinopak Motors Limited (HINO) announced a notable financial performance for the fiscal year ending MY26, showcasing an increase in both revenue and profit, as detailed in the company's recent corporate briefing.
According to AKD Securities Limited, the briefing highlighted that Hinopak Motors achieved a topline of PkR11.0 billion in MY26, marking a 6.4% year-on-year increase from PkR10.3 billion in the same period last year. This growth is attributed to the expanding size of the commercial market, which has bolstered the company's sales.
The company also reported a profit of PkR541.3 million, translating to earnings per share (EPS) of PkR21.8, a significant rise from PkR162.0 million (EPS: PkR6.5) recorded in MY25. This increase in profit is attributed to higher revenue, improved margins, and stringent control over manufacturing costs. The briefing provided insights into the company's financial strategies and future outlook.