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.
