MTL sales hit 7-year high with 2.2x YoY growth in Dec

MG News | January 15, 2025 at 12:51 PM GMT+05:00

0:00

January 15, 2025 (MLN): Millat Tractors Limited (PSX: MTL) achieved a significant milestone in December 2024, posting its highest monthly sales in nearly seven years.

Tractor volumes reached 4,686 units, marking an impressive 2.2x year-over-year (YoY) growth compared to December 2023, according to the press release issued.

This exceptional performance highlights robust demand recovery in the agriculture sector and reflects MTL’s strong market presence.

Analysts attribute the surge in sales to improved farmer liquidity, favorable government policies, and timely delivery of tractors.

The achievement underscores MTL’s role in supporting Pakistan's agricultural economy and sets a positive tone for the company's performance heading into 2025.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,100.75 210.45M	0.46% 716.25
ALLSHR	95,673.60 682.10M	0.57% 540.03
KSE30	47,692.69 106.12M	0.48% 225.69
KMI30	229,030.95 77.16M	0.61% 1385.73
KMIALLSHR	64,328.21 329.79M	0.69% 440.15
BKTi	42,102.32 62.17M	0.82% 340.55
OGTi	31,789.24 5.36M	0.54% 170.10

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%