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Millat Tractors (MTL PA)
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11
Analysis
Industrials
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Pakistan
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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bearish
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Millat Tractors
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03 Nov 2024 14:00
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Broker
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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bullish
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Millat Tractors
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02 Nov 2024 17:00
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Broker
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The long standing demand of tractor industry is now finally approved as Federal Board of Revenue (FBR) has rescinded SRO 563(1)/2022....
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bearish
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Millat Tractors
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28 Sep 2024 15:00
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Broker
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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bullish
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Thematic (Sector/Industry)
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28 Sep 2024 19:00
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Broker
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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bearish
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Thematic (Sector/Industry)
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03 Sep 2024 13:00
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Broker
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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