Toyota Pakistan Sold Record-Breaking Vehicles Last Month
Toyota Pakistan has registered another record-breaking achievement in sales. According to the company, it has sold 7,001 units of Toyota cars last month (October 2021). In its social media post, the company stated: “Indus Motor Company is extremely proud to announce another record-breaking month.”
And most important thing in it is that these are highest ever sales since the inception of Toyota since 1993. “We are thankful for all our loyal customers who have continuously supported us,” the company stated.
This surely is a great milestone for the company, especially during these tough times of pandemic. Toyota has always been a top brand in Pakistan as consumers love its cars for durability, cost effective maintenance, and affordable spare parts
And since the launch of Toyota Yaris, the sales have increase significantly as this compact sedan has outsold its competitors, Honda City and Honda Civic, for quite a few months. And October’s number proves that the sales are still going up.
Toyota Pakistan Last 3 Months Sales
Toyota Indus posted net sales revenue of Rs. 65.55 billion in Q1 of FY22. Compared to Rs. 34.14 billion in the same period of FY21, the growth factor is 92%.
The company sold 18,646 units of its locally produced vehicles in Q1 of FY22, 59% more than 11,715 units sold in the first quarter of FY21. We don’t know the exact number of CBU sales, but that’s also higher than last year’s.
Toyota IMC earned a profit of Rs. 5.42 billion in Q1 of FY22. Compared to the profit of Rs. 1.84 billion in Q1 of FY21, the growth factor is 195%.
Toyota IMC’s other income increased to Rs. 2.04 billion in Q1 of FY22 from Rs. 1.08 billion in Q1 of FY21, the growth factor is 88%.
The company’s earnings per share went up to Rs. 69.02 from Rs. 23.48.