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

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

Add Mettisglobal as a Trusted Source on Google

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
KSE100	171,402.08 123.44M	0.15% 248.92
ALLSHR	103,762.74 640.45M	0.28% 285.71
KSE30	50,998.57 52.62M	0.19% 96.59
KMI30	244,665.18 69.20M	0.37% 899.52
KMIALLSHR	67,290.94 377.69M	0.30% 203.90
BKTi	47,479.22 9.62M	-0.28% -135.50
OGTi	35,149.09 4.24M	0.85% 295.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,975.00	86,950.00 85,195.00	-615.00 -0.71%
BRENT CRUDE	98.67	102.30 97.43	-1.67 -1.66%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.20 -0.15%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	90.43	93.84 89.16	-1.94 -2.10%
SUGAR #11 WORLD	18.45	18.50 18.02	0.06 0.33%