SAZEW sells 592 auto rickshaws in Jun’23

News Image

MG News | July 11, 2023 at 01:11 PM GMT+05:00

Join our Whatsapp channel
0:00

July 11, 2023 (MLN): Sazgar Engineering Works Limited (SAZEW) sold 592 units of Auto Rickshaw during May 2023, which was around 13.41% MoM higher than the sales of 522 units made in the previous month, the company’s filing on PSX said today.

Meanwhile, the company produced 570 units of Auto Rickshaw, depicting a fall of 10.52% MoM from the 637 units produced during the previous month.

In addition, the company sold 228 units of four-wheelers off-road and passenger vehicles, up significantly by 53% MoM, and produced 245 units in May 2023, which also surged by 68.97% MoM.

The company 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.

Last year, the company had been awarded “Category -A, Greenfield Investment status” by the Ministry of Industries & Production of Pakistan.

Copyright Mettis Link News

Related News

News
PSX Mid-Day: Reaching New Heights
News
Weekly Market Roundup
News
PSX Closing Bell: Hold On, We’re Going Up
Name Price/Vol %Chg/NChg
KSE100 173,643.26
232.49M 		0.72%
1242.52
ALLSHR 104,121.63
479.90M 		0.62%
637.68
KSE30 53,149.47
108.77M 		0.79%
415.41
KMI30 248,002.27
109.74M 		0.99%
2436.93
KMIALLSHR 67,751.32
208.89M 		0.77%
517.62
BKTi 47,950.71
40.23M 		0.11%
52.60
OGTi 34,271.09
8.68M 		1.28%
432.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 90,150.00 90,990.00
87,975.00 		2190.00
2.49%
BRENT CRUDE 61.29 61.45
60.87 		0.65
1.07%
RICHARDS BAY COAL MONTHLY 87.50 0.00
0.00 		1.05
1.21%
ROTTERDAM COAL MONTHLY 94.50 0.00
0.00 		-0.70
-0.74%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50 		0.00
0.00%
CRUDE OIL - WTI 57.40 57.52
56.91 		0.66
1.16%
SUGAR #11 WORLD 15.17 15.28
15.08 		-0.12
-0.78%
Chart of the Day
Latest News
December 29, 2025 at 01:08 PM GMT+05:00

NDMA warns of snowfall, road closures from Dec 30

December 29, 2025 at 01:02 PM GMT+05:00

Gold price in Pakistan falls Rs5,500 per tola

December 29, 2025 at 12:45 PM GMT+05:00

SBP expresses condolences on Dr. Shamshad Akhtar’s passing

December 29, 2025 at 12:18 PM GMT+05:00

PSX Mid-Day: Reaching New Heights

December 29, 2025 at 11:54 AM GMT+05:00

Pakistan seek to convert UAE loan into Fauji Group Stake

Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
CPI
Trade Balance
Weekly SPI
Foreign Exchange Reserves
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg