NEW DELHI, March 17 (Reuters) - Atlas Cycles Ltd, the world's second-largest maker of bicycles, expects a 23 percent rise in sales for the year through March 2004 but a flat profit owing to rising steel prices, a top company official said on Wednesday. Based on the outskirts of Delhi, Atlas Cycles posted revenue of 3.24 billion rupees ($72 million) in the year through March 2003 and a net profit of 70 million rupees. "We're looking at sales of over 4.0 billion rupees in 2003/04," Gautam ...
Premium Content (PAID Subscription Required)
"India's Atlas sees flat profit on steel price jump" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.