PakStox Outlook

Sazgar Engineering Works Limited Financial Results for Q2 Dec2024 For the latest quarter ending Dec2024, SAZEW posted a profit of Rs. 39.8 per share and paid a cash dividend of Rs. 10 per share. This brings the net income of SAZEW to a total of Rs. 217.5 per share for the last four quarters. While in last 4 quarters total cash distribution was Rs. 40 per share. The Revenue in the latest quarter declined by 34% over the average of the previous four quarters. The gross profit in the latest quarter declined by 33% over the average of the previous four quarters. The net income in the latest quarter declined by 16% over the average of the previous four quarters. While cumulative net income of last four quarters is 14% higher compared to cumulative figure for the prior four quarters. Gross profit margin for the quarter was 28.4%, compared to an average of 28% over the previous four quarters. Tax rate for the quarter was 43%, compared to an average of 44.2% over the previous four quarters. SA...

Sazgar Engineering Works Limited Financial Results: 3rd Quarter Ended Mar-2024 Cash Dividend: an interim cash dividend of Rs. 8/- per share. EPS: Rs. 50. Just compare this to Rs. 7.36 in the same quarter last year.  SAZGAR Engineering (SAZEW) had reported a noteworthy development in their 2023 annual report - the commencement of commercial production of HAVAL SUVs and the introduction of Pakistan's first locally assembled Hybrid Electric Vehicle. Financials of this 3rd quarter and same quarter last year year are not comparable. The company has grown astronomical. Market Price: SAZEW has hit upper limit. Current market price is Rs.555.07 gaining Rs. 38.73 (+7.50%) Year to date the scrip has gained 212% and in one year the gain is close to 1000% The Company is principally engaged in the manufacturing and sale of automobiles including Four Wheelers and Three Wheelers, Tractor Wheel Rims and Home Appliances. Download Sazgar Results announcement