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

News Image

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 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,535.00 119,635.00
118,145.00
1240.00
1.05%
BRENT CRUDE 72.81 73.17
71.75
0.30
0.41%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.58 69.79
68.45
0.37
0.53%
SUGAR #11 WORLD 16.57 16.58
16.37
-0.02
-0.12%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg