The ongoing depreciation of the Pakistani Rupee has led to a surge in prices, causing widespread difficulties for the population. The latest company to contribute to this trend is Atlas Honda (KLMC), which has raised prices by a staggering Rs. 30,000. During the quarter, the company’s sales decreased by 3 percent compared to the previous year’s record of Rs. 36.26 billion, due to multiple price increases.
Effective February 1, the price of new Honda bikes will be as follows:
|Model||Current Prices (Rs.)||Revised Prices (Rs.)||Increase (Rs.)|
|CD 70 Dream||129,900||137,900||8,000|
|CG 125 Special Edition||219,500||230,900||11,400|
|CB 125 F||283,900||303,900||22,000|
|CB 150 F||353,900||383,900||30,000|
|CB 150 F SE||357,900||387,900||30,000|
Last week, Atlas Honda Limited announced Rs. 1.408 billion profit for the quarter that ended December 31, 2022, depicting a 3.7 percent dip from Rs. 1.46 billion in the same period last year.