Production loss is profitability loss for HCAR

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Honda Atlas Cars
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(Rs mn)                  3Q 2011   3Q 2010       chg
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Sales                       3776      4201      -10%
Cost of sales               3760      4216      -11%
Gross profit                  15       -14     -207%
Gross profit margin        0.40%    -0.33%     -219%
Other operating income        30        14      114%
loss after taxation         -115      -119       -3%
Loss per share (Rs)        -0.81     -0.84       -4%
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Source: KSE notice