Aftab Automobiles Limited Reports Earnings Results for the Second Quarter Ended December 31, 2019

Aftab Automobiles Limited is a Bangladesh-based vehicle assembler and bus-body fabricator. The Company's segments include Assembling Unit, Motor Cycle Unit and Body Unit. The Assembling Unit segment is engaged in the assembling of Toyota land cruiser soft top/pick-up, land cruiser Prado, Hino bus, Hino minibus/truck chassis. The Company has made bus's body and other vehicles body. The HINO buses are operated on all the routes of the country. The HINO luxury buses are also plying on the international routes, such as Dhaka-Kolkata-Dhaka and Dhaka-Agartola-Dhaka. It has a production capacity of approximately 2400 units of vehicles in one shift in assembling unit. The Company, through its subsidiary, Navana Batteries Limited, is engaged in the manufacturing of automotive, industrial and solar batteries in the plant located at Fouzdarhat Industrial Area, Chattagram, Bangladesh. The Company's associate company, Navana Real Estate Limited, is engaged in the real estate development business.