ENTITY

Millat Tractors (MTL PA)

11
Analysis
IndustrialsPakistan
Millat Tractors Limited assembles and manufactures agricultural machinery. The Company offers tractors, engines, movers, trucks, implements, and other related equipment. Millat Tractors serves customers in Pakistan.
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bearishMillat Tractors
03 Nov 2024 14:00Broker

Millat Tractors (MTL): Despite All Time High Gross Margins, Earnings Fell by 72% YoY

Millat Tractors Limited (MTL) announced its 1QFY25 result today, where the company recorded profit of Rs570mn (EPS of Rs2.97), down 75% YoY and...

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bullishMillat Tractors
02 Nov 2024 17:00Broker

Millat Tractors Limited (MTL): Sales volumes to normalize after cancellation of SRO

The long standing demand of tractor industry is now finally approved as Federal Board of Revenue (FBR) has rescinded SRO 563(1)/2022....

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bearishMillat Tractors
28 Sep 2024 15:00Broker

Millat Tractors Limited (MTL): FY24 EPS at Rs51.70, Earnings Lower than Industry Expectations

Millat Tractors Limited (MTL) announced its 4QFY24 result today, where the company recorded profit of Rs2.06bn (EPS of Rs10.73), up 65% YoY....

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28 Sep 2024 19:00Broker

Pakistan Automobiles: Car sales rose 15% YoY and 1% MoM in Aug 2024

Car sales in Pakistan totaled 8,699 units in Aug 2024, reflecting a 15% YoY and 1% MoM increase in sales, as reported by PAMA. This takes...

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03 Sep 2024 13:00Broker

Pakistan Automobiles: Car sales fell 36% MoM due to pre buying in Jun 2024

Car sales in Pakistan totaled 8,589 units in July 2024, reflecting a 60% YoY increase and a 36% MoM decline in sales, as reported by PAMA. In...

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