mtl News

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Millat Tractors MOU marks entry into E-Bike sector

Millat Tractors Limited's (PSX:MTL) subsidiary has signed a memorandum of understanding with a leading Chinese electric bike manufacturer to assemble, manufacture, and market E-Bikes in Pakistan.

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MTL clarifies EV motorcycle speculation

Millat Tractors Limited (PSX:MTL) has moved to address growing market speculation over its potential entry into the electric motorcycle segment, confirming that a group company is currently assessing the feasibility of EV bike production in Pakistan but stressing the matter is still at an early stage.

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Millat Tractors to split shares 2-for-1

Millat Tractors Limited (PSX: MTL) has revealed a 2-for-1 stock split, alongside key corporate amendments, subject to shareholder approval at an upcoming Extraordinary General Meeting (EOGM).

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MTL hands out Rs20 dividend, despite 19% profit drop

Millat Tractors Limited (PSX:MTL) reported a net profit of Rs2.92 billion for the half year ended December 31, 2025, which represent a 19.9% decline from the Rs3.65 billion profit recorded in the same period last year.

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MTL expands Africa footprint with new export deal

Millat Tractors Limited (PSX: MTL) has signed a strategic agreement with Massey Ferguson Corp. (MFC) and AGCO Limited, the global owner of the MF brand, to strengthen its international presence.

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Millat Tractors earnings rise 33% on improved efficiency

Millat Tractors Limited (PSX: MTL) reported a profit after tax of Rs613.5 million for the quarter ended September 30, 2025, marking a 33.4% increase from Rs459.8m in the corresponding period last year.

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MTL’s profit drops to Rs3.6bn in H1 FY24

Millat Tractors Limited (PSX: MTL) unveiled its profit and loss statement, wherein the profit after tax clocked...

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MEL, MTL confirm merger sanctioned by Lahore High Court

Millat Equipment Limited (MEL) has been merged with Millat Tractors Limited (PSX: MTL) through a judgment passed...

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Millat Tractors responds to Rs18bn sales tax order

Millat Tractors Limited (PSX: MTL) has addressed a report published in Business Recorder regarding an order of Rs18 billion...

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MTL sales hit 7-year high with 2.2x YoY growth in Dec

Millat Tractors Limited (PSX: MTL) achieved a significant milestone in December 2024, posting its highest monthly sales in nearly seven years...

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Name Price/Vol %Chg/NChg
KSE100 171,943.60
158.72M 		-0.40%
-698.56
ALLSHR 104,321.41
475.66M 		-0.32%
-337.01
KSE30 51,172.13
54.01M 		-0.47%
-242.51
KMI30 244,613.98
54.36M 		-0.61%
-1493.10
KMIALLSHR 67,557.66
293.76M 		-0.40%
-268.80
BKTi 47,953.70
27.40M 		-0.37%
-178.53
OGTi 34,968.31
4.83M 		-0.32%
-113.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,925.00 79,955.00
78,145.00 		340.00
0.43%
BRENT CRUDE 100.60 101.58
98.80 		2.68
2.74%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00 		2.10
1.64%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00 		1.25
0.90%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00 		0.00
0.00%
CRUDE OIL - WTI 95.71 96.82
93.76 		2.68
2.88%
SUGAR #11 WORLD 18.40 18.47
18.08 		0.30
1.66%
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