May 01, 2019 (MLN): Pak Suzuki Motor Company has increased the prices of its Swift and Cultus AGS variants by up to Rs.30,000.

In a notification to authorized dealers, the company informed of the price revision which will be applicable from May 01, 2019.

The notification further added that the prices are subject to change without notice and price at the time of delivery shall apply.

On March 30, 2019 the Company had increased price of its other variants, excluding the Swift and Cultus AGS, ranging from Rs.10,000 to Rs.100,000.

In its most recent earning filing, PSMC had observed losses of Rs. 980 million for the quarter ended March 31, 2019, as compared to profits of Rs. 904 million earned in the same period last year.

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