Tag: Gross Margins
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Pak Suzuki’s fiscal year ends with Rs9.68 billion loss: Operational disruptions and low demand
Pak Suzuki Motor Company Limited ({PSMCL) has reported a substantial net loss of Rs9.68 billion for the fiscal year that ended on June 30, 2023. The loss was attributed to import restrictions and weakened demand, causing a significant increase compared to last year’s Rs17.238 million loss.
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Toyota Indus Motor Company sees 142% increase in quarterly profit despite low demand
Indus Motor Company (IMC) announced a 37 per cent decrease in its profit-after-tax (PAT) for the third quarter of financial year 2022-23, with earnings of Rs3.216 billion compared to Rs5.118 billion in the same period last year.