Sazgar: Three-wheeler sales up by 27% MoM in March

News Image

MG News | April 13, 2022 at 01:09 PM GMT+05:00

0:00

April 13, 2022 (MLN): Sazgar Engineering Works Limited (SAZEW) sold 1,911 units of Auto Rickshaw during the month of March 2022, which was around 27% higher than the sales of 1,504 units made in the previous month, the company’s filing on PSX showed today.

In an announcement regarding the sales and production data of three-wheelers for the month of March 2022, the company informed that the production for the month totaled 1,950 units, i.e., almost 26% higher than the units produced during the previous month.

In addition, the company sold 71 units of four wheelers-off road and passenger vehicles against the production of 73 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.

Currently, the stock of the company is trading at Rs85.50 which is Rs4.10 or 5.04% higher than yesterday's price.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg

Chart of the Day


Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25


September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg