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July 02, 2015 12:51 AM ET

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Company Overview of Atlas Battery Limited

Company Overview

Atlas Battery Limited manufactures and sells automotive and motorcycle batteries in Pakistan. The company offers light, medium, and heavy dry charged hard rubber and polypropylene batteries under the AGS brand name. Its products are used for passenger cars, trucks, tractors, heavy vehicles, construction, and road building equipment, as well as for various stationary and industrial applications. Atlas Battery Limited offers its products through a network of approximately 600 dealers and retail outlets. The company was founded in 1966 and is headquartered in Karachi, Pakistan.

D-181, Central Avenue

S.I.T.E.

Karachi,  75730

Pakistan

Founded in 1966

244 Employees

Phone:

92 21 256 7990

Fax:

92 21 3256 4703

Key Executives for Atlas Battery Limited

Atlas Battery Limited does not have any Key Executives recorded.

Atlas Battery Limited Key Developments

Atlas Battery Limited, Board Meeting, Jun 26, 2015

Atlas Battery Limited, Board Meeting, Jun 26, 2015., at 10:00 Pakistan Standard Time. Agenda: To consider annual budget for the year 2015-16.

Atlas Battery Limited Announces Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Atlas Battery Limited announced earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported sales of PKR 4,462,760,000 compared to PKR 3,355,857,000 for the last year. Profit from operations was PKR 433,641,000 compared to PKR 326,550,000 for the last year. Profit before taxation was PKR 387,448,000 compared to PKR 286,517,000 for the last year. Profit after taxation was PKR 273,960,000 or PKR 15.75 per share compared to PKR 196,275,000 or PKR 11.28 per share for the last year. For the nine months, the company reported sales of PKR 11,361,452,000 compared to PKR 8,631,662,000 for the last year. Profit from operations was PKR 1,047,211,000 compared to PKR 832,705,000 for the last year. Profit before taxation was PKR 909,754,000 compared to PKR 736,686,000 for the last year. Profit after taxation was PKR 639,626,000 or PKR 36.76 per share compared to PKR 525,136,000 or PKR 30.18 per share for the last year.

Atlas Battery Announces Board Changes

Atlas Battery announced that Mr. Makio Tanaka and Mr. Omar Saeed have ceased to be the Directors of the company with effect from April 10, 2015 and Mr. Toru Furuya and Mr. Frahim Ali Khan have been appointed as Directors of the company with effect from April 10, 2015.

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