Karachi: Sazgar Engineering Works Ltd. (SAZEW) reported a substantial rise in earnings and sales for the fiscal year 2026, highlighted in an analyst briefing held today. The company announced earnings of PkR23.6 billion, or PkR390.5 per share, marking a 44.5% increase from the previous fiscal year's PkR16.3 billion, or PkR270.3 per share.
According to AKD Securities Limited, SAZEW's topline revenue surged to PkR191.7 billion in FY26, compared to PkR108.7 billion in FY25, reflecting a 76.4% year-over-year growth. This growth was primarily driven by higher volumetric sales of the HAVAL brand and the introduction of the Tank 500 model. The company's 4-wheeler sales rose by 77% to 19,112 units, compared to 10,784 units in the same period last year. Meanwhile, sales of 3-wheelers increased by 4% to 26,845 units from 25,786 units in the same period last year.