In the Board of Directors meeting, held on July 24^th 2018, Pak Suzuki Motor Company (PSMC) finalized its financial statement for the half year ending June 30^th 2018.

According to the report, PSMC’s Turnover increased by 33% as compared to the six months ending in 2017, while their Gross Profit dropped by 10%.

While on one hand the company’s Administrative Costs went up by 38% and its Finance Cost increased by 125%, it’s Other Operating Income decreased by 13%.

Worker’s Profit Participation Fund reduced by 34%, while workers’ welfare fund dropped by 12%, yet the profit before taxation reduced by 29%.

PSMC managed to reduce their tax payments by 17%.

Net profit for the period reduced by 35%.

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