Al-Ghazi Tractors upgrades ERP system to SAP S/4 HANA

MG News | May 24, 2024 at 11:20 AM GMT+05:00

0:00

May 24, 2024 (MLN): Al-Ghazi Tractors Limited (PSX: AGTL) has successfully implemented the state-of-the-art ERP solution, SAP 5/4 HANA, replacing its existing ERP system BAAN.

This transition is part of the company's commitment to transformation aimed at improving various aspects of the business, including enhancing its product portfolio, improving the customer experience, modernizing manufacturing operations, and embracing modern technology solutions.

This significant upgrade underscores its commitment to developing a learning organization and enhancing operational efficiencies.

The company communicated this development in its latest filing on the Pakistan Stock Exchange (PSX).

At the time of writing, AGTL's stock has reached its upper limit, up by Rs26.6 or 7.5% compared to the last close.

This positivity is attributed to the latest company's progress, further supported by today's rally in the domestic equity market, amid the ongoing negotiations with the International Monetary Fund (IMF) and investment talks with the United Arab Emirates (UAE).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%