Net profit for the car manufacturer stood at Rs2.4 billion for January-June as a result of a 37% rise in sales that amounted to almost Rs40 billion.
Shajar Capital attributed the increase of over one-third in the company’s topline to the sale of over 59,000 units, up almost 47% from the number of units sold in the first six months of 2014.
“The Punjab taxi scheme led higher growth in Ravi (up 138% year-on-year) and Bolan (up 124% year-on-year) while Suzuki Wagon recorded 118% uptick in sales during the period.
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