February 10, 2022 (MLN): Sazgar Engineering Works Limited (SAZEW) sold 2,731 units of Auto Rickshaw during the month of January 2022, which was around 4.7 times YoY higher than the sales of 579 units made in the previous month, the company’s filing on PSX said today.
In an announcement regarding the sales and production data of three-wheelers for the month of January 2022, the company informed that the production for the month totalled 1,538 units, i.e., almost 2.7% greater than the units produced during the previous month.
In addition, the company sold 12 units of four wheelers-off road and passenger vehicles against the production of 8 units during the said month under review.
Sazgar is a premier manufacturer of CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims. With manufacturing facilities based in Pakistan and a Global Dealer Network, Sazgar is leading the market in Pakistan and also exporting to international markets.
Last year, the company had been awarded “Category -A, Greenfield Investment status” by the Ministry of Industries & Production of Pakistan.
