Indus Motor
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Indus Motor reports 38% profit surge
Q3 profit hits Rs4.45b, interim dividend of Rs34 per share announced
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Indus Motor shuts plant for six days
Scarcity of parts forces automaker to suspend production
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Indus Motor temporarily shuts plant
Company says closure from Feb 1 - 14 is due to inventory shortages
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Indus Motor 'unable to continue production activities'
Company says it is shutting down its plant for two weeks due to inventory shortages
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Indus Motor’s profit soars 152% to Rs12.8b
Increase comes on back of rise in other income, dip in other operating expenses
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Indus Motor profit jumps 40% to Rs1.8b
Increase in car sales plays vital role in uplifting earnings
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Indus Motor posts 63% dip in profit
Decline comes on back of massive drop in sales volume during final quarter
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Car sales dive 44% during July-February FY20
Decline comes due to soaring auto prices, slowdown in Pakistan’s economy
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In Pakistan, Honda increases car prices to improve profit margins
Pakistan's auto industry on bumpy ride due to depreciation of rupee against US dollar and a high interest rate
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Indus Motor’s profit drops 13% to Rs13.7 billion
Company announces final cash dividend of Rs27.5 per share
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Indus Motor cars become costlier by up to Rs830,000
Company notified in advance any impact on prices will be on account of customer
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Indus Motor set to introduce Toyota Rush in Pakistan
Will import CBUs from next month; dealers expect it to be priced between Rs3.8m and Rs4.8m
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Indus Motor increases car prices by up to Rs300,000
Development comes days after rupee devaluation
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Corporate results: Indus Motor’s profit increases a meagre 2%
Company earns Rs3.02b during Oct-Dec period.
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All automakers bullish on Pakistan
Three existing players plan production boost to meet growing demand, new ones show interest
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Indus Motor launches new Fortuner, Hilux Revo
COO says growth in overall car sales will continue if present optimism persists
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Indus Motor posts profit of Rs3.05b, up 4%
Declares interim cash dividend of Rs25 per share
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Indus Motor wins PSX Top 25 Companies Award
The automobiles, parts and accessories sector performed outstandingly in 2015
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Corporate result: Indus Motor posts Rs11.45b profit in FY16, up 26%
Net sales rose 2.6% year-on-year to Rs29.1 billion
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Indus Motor’s earnings accelerate 38%
Carmaker posts Rs8.84b profit, thanks to low steel prices, weak yen
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Indus Motor increases car prices
Decision comes after 1% hike in customs duty on CKD units, imported parts