External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Automobile components / Thematic (Sector/Industry)

<ul><li>Based on PAMA numbers, Car sales in Pakistan clocked in at 10,163 units in Nov 2024, reflecting a 57% YoY rise but a 22% MoM fall in sales. This takes 5MFY25 sales to 50,856 units a 51% YoY rise from 33,637 units in 5MFY24.</li><li>MoM decline is mainly due to the end-of-year effect, as buyers delay deliveries/purchase of the car in a bid to get new year registrations.</li><li>Sazgar Engineering (SAZEW) saw the most significant MoM fall of 42% to 584 units in Nov 2024. While, production of SAZEW remained almost flattish (down 1%) on MoM basis at 993 units.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Based on PAMA numbers, Car sales in Pakistan clocked in at 10,163 units in Nov 2024, reflecting a 57% YoY rise but a 22% MoM fall in sales. This takes 5MFY25 sales to 50,856 units a 51% YoY rise from 33,637 units in 5MFY24.MoM decline is mainly due to the end-of-year effect, as buyers delay deliveries/purchase of the car in a bid to get new year registrations.Sazgar Engineering (SAZEW) saw the most significant MoM fall of 42% to 584 units in Nov 2024. While, production of SAZEW remained almost flattish (down 1%) on MoM basis at 993 units.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sazgar Engineering Works Limited (SAZEW PK)

Pakistan Automobiles: Car sales fell by 22% MoM to 10.2K units in Nov 2024 amidst year end impact