Board of directors meeting of Sazgar Engineering Works Limited

Karachi, Sazgar Engineering Works Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 28, 2022 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2022.

Further, the company has declared the closed period from September 21, 2022 to September 28, 2022.

Sazgar Engineering Works Limited was incorporated on 21st September 1991 as a Private Limited Company and later converted into a Public Limited Company on the 21st of November 1994. The Company is engaged in the manufacture and sale of automobiles, automotive parts and household electric appliances.

Sazgar is a premier manufacturer of CNG 4 Stroke Auto Rickshaw (3 Wheelers) and Automotive Wheel Rims. With manufacturing facilities based in Pakistan and a Global Dealer Network, Sazgar is leading the market in Pakistan and also exporting to international markets.

The total number of shares of the Company are 46,496,893. The Earnings per share is 0.96 in 2020 which was 3.04 in 2019. The Profit After Taxation is 27,634,000 in 2020 which was 81,997,000 in 2019.