HeadlinesGhandhara’s Q3FY23 losses ravage annual earnings
The company recorded a loss of Rs 278.4 million for Q3FY23, with 9MFY23 earnings now at a loss of Rs 238.3 million
May 4, 2023
Daniyal Ahmad
The author is a member of the staff, and covers the automobile, energy and advertising insdusties as a sector analyst. He can be reached at [email protected]
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HeadlinesAgriauto Industries declares fourth consecutive partial shutdown for 2023
Company attributes decision to collapse in demand across automotive industry
May 2, 2023
FeaturedPakistan’s cellphone industry: A prospective $15 billion exporter or another automotive-style catastrophe
If not India’s success, recent domestic disruptions should force reflection upon what we want the sector to be and, more importantly, what it should not be
Apr 29, 2023
HeadlinesToyota announces third round of NPDs for 2023 as Honda’s plant faces longest closure in recent history
As Honda’s decides to not produce a car for 68 days, Toyota will observe a shutdown from May 2 to May 3
Apr 28, 2023
HeadlinesAirlink’s profits collapse by more than half for Q3FY23 amidst LC inaccessibility
Quarterly profit shrinks by 62% QoQ whilst 9MFY23 down by a third YoY
Apr 28, 2023
HeadlinesToyota turns to banking: Investment earnings drive profitability amid automotive downturn
Of the company’s Rs4.8b pre-tax profit, Rs3b came from investment earnings as it ends quarter with final earning of Rs3.2b
Apr 27, 2023
HeadlinesGovt to limit electric bike, rickshaw scheme to 15,000 recipients
Balloting to be conducted if number of applicants exceeds quota
Apr 27, 2023
HeadlinesSazgar continues rally amidst automotive downturn
The company recorded with a 552.86% QoQ increase, and a 17 fold YoY increase in its Q3FY23 earnings
Apr 20, 2023
HeadlinesSuzuki suffers historic loss in first quarter of 2023: Largest in 16 years
Company ended first quarter of 2023 with final loss of Rs12.9b
Apr 18, 2023
FeaturedHow the two and three wheeler industry, not cars, became the hallmark of Pakistan’s automotive sector
Amidst economic turmoil and factory shutdowns, the two and three wheeler industry has casually carried on whilst its four wheeler counterpart continues to flounder
Apr 16, 2023
HeadlinesFBR let’s ACD and RD on imported vehicles lapse
FBR has quietly let the duties on imported vehicles to lapse on March 31, and not renew them
Apr 14, 2023
HeadlinesPIA adds third African destination to its catalogue with Nairobi
Flight will be operated through codeshare agreement with Flydubai
Apr 14, 2023