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SAZEW sells 1,004 auto rickshaws in October

Sazgar reports 3x YoY surge in auto rickshaw sales for April 2024
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November 10, 2023 (MLN): Sazgar Engineering Works Limited (SAZEW) sold 1,004 units of Auto Rickshaw during October 2023, which was 2.14% MoM lower than the sales of 1,026 units made in the previous month, the company’s filing on PSX revealed today.

Meanwhile, the company produced 1,189 units of Auto Rickshaw, compared to 1,175 units produced during the previous month.

Furthermore, the company sold 253 units of four-wheel off-road and passenger vehicles, marking an increase of 16.22% compared to the previous month.

The production of four-wheel off-road and passenger vehicles stood at 244 units in October 2023. 

SAZEW is a premier CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims manufacturer.

With manufacturing facilities based in Pakistan and a Global Dealer Network, Sazgar is leading the Pakistani market and exporting to international markets.

At the time of writing, the company's share is being traded at Rs175.50, up by 1.03 rupees or 0.59% compared to the previous close.

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Posted on: 2023-11-10T14:58:18+05:00