SAZGAR resumes car plant's operations

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MG News | March 06, 2023 at 11:28 AM GMT+05:00

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March 06, 2023 (MLN): Sazgar Engineering Works Limited (PSX: SAZEW) has resumed its production operations of the Car Plant (Four Wheeler Plant) with effect from today.

This announcement follows the company's earlier announcement wherein the company decided to temporarily shut down its Four Wheeler Plant starting from February 27, 2023, until March 04, 2023. 

The resumption of production operations is a positive development for the company, and it is expected to boost the production capacity of the Four Wheeler Plant.

SAZEW is committed to ensuring that the production and supply of these products continue uninterrupted.

The company's management has assured its shareholders and stakeholders that any further updates on the matter will be promptly communicated to the Pakistan Stock Exchange.

SAZEW has been a major player in the automotive industry in Pakistan, producing high-quality vehicles and parts for both the domestic and international markets.

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