Pak Suzuki

Will purchase stock from general public at Rs609 per share

Cites shortage of inventory for suspension of production

Attributes decision to shortage of inventory

Attributes closure to shortage of inventory, drop in sales

Government in recent weeks has attempted to curb imports in the face of fast depleting foreign reserves

Came in at 21,751 units due to high base effect in July, chip shortage

Low demand, impact of Covid-19 cause losses

Plans expansion on hopes country’s economic situation will improve

Price hike to make up for falling revenue; Pak Suzuki also raises bike prices

High-end vehicle model will cost Rs5.55 million from Oct 1

Analyst says pricing will be a challenge amid uncertainty about rupee’s value

Company may introduce Alto 660cc as an alternative

Price notification sent to dealers across Pakistan

Car available in white, silky silver and graphite

Stands at Rs393.5m for April-June quarter

Prices will go up in a range of Rs20,000 to Rs30,000 from Friday

Pak Suzuki MD, CEO, Executive founder member of the burns centre and other officials specially attended the ceremony

Hike is the second one in 2018 alone; other models also become costlier

Italian company considering reviving its Karachi factory as demand likely to rise

Rates of Bolan and Ravi also revised upwards

The AGS version is priced at Rs1.528 million

Earnings per share stand at Rs13.43 in Jul-Sep

EPS increases to Rs24.20 in Jan-Jun, earnings short of expectations

Company’s sales increased 19% to Rs23.89b from Rs19.99b

Three existing players plan production boost to meet growing demand, new ones show interest

The Board of Directors passed the resolution in its Wednesday meeting

Board of Directors authorised to invest long term equity investment of Rs344.4 million

EPS also declined massively to Rs5.32 during July-September

Bank Alfalah CEO and President Atif Bajwa and PSMCL Managing Director Hirofumi Nagao signed the agreement

Increase translates to a price hike of between Rs20,000 to Rs30,000 on all its car models

Earnings fall on the back of end of Punjab govt’s cab scheme

Says decision to maintain three-year-old limit on used car imports is the only positive

Earnings amount to Rs5.8b, result below market expectations

Suggests curbs on used car imports, hefty cut in duties on auto parts

Earnings up 216%, touch Rs1.82b during first quarter of FY16

The launching ceremony was attended by State Minister Frontier Baligur Rahman and Ambassador of Japan

Profit rises due to sale of over 59,000 units, up almost 47%