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 170,588.28
98.19M 		-0.25%
-433.49
ALLSHR 102,731.63
343.70M 		-0.21%
-217.01
KSE30 51,020.52
42.47M 		-0.22%
-113.84
KMI30 244,060.41
45.66M 		-0.30%
-722.58
KMIALLSHR 66,590.13
240.82M 		-0.27%
-178.18
BKTi 46,828.05
10.92M 		-0.17%
-79.30
OGTi 35,364.59
3.34M 		-0.13%
-45.68
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,340.00 67,975.00
65,565.00 		-55.00
-0.08%
BRENT CRUDE 98.06 98.10
96.44 		2.06
2.15%
RICHARDS BAY COAL MONTHLY 120.00 0.00
0.00 		-0.70
-0.58%
ROTTERDAM COAL MONTHLY 137.90 0.00
0.00 		0.60
0.44%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 95.97 96.08
93.45 		2.21
2.36%
SUGAR #11 WORLD 14.53 14.55
14.42 		0.15
1.04%
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