External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

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<ul><li>Pakistan car sales (as reported by PAMA) clocked in at 7.6K units up 49% MoM while down 36% YoY. Including Non-PAMA members car sales clocked in at ~9K up 46% MoM.</li><li>The significant MoM jump in car sales is due to the easing of CKD import issues. However, escalating car prices, expensive auto financing, and the low purchasing power of consumers are among the primary reasons for the decline in YoY sales.</li><li>This takes 2MFY24 sales to 12,671 units down 47% YoY compared to 23,714 units in 2MFY23.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan car sales (as reported by PAMA) clocked in at 7.6K units up 49% MoM while down 36% YoY. Including Non-PAMA members car sales clocked in at ~9K up 46% MoM.The significant MoM jump in car sales is due to the easing of CKD import issues. However, escalating car prices, expensive auto financing, and the low purchasing power of consumers are among the primary reasons for the decline in YoY sales.This takes 2MFY24 sales to 12,671 units down 47% YoY compared to 23,714 units in 2MFY23.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Automobiles - Car Sales at ~9k units in Aug-2023 (including Non-PAMA), up 46% MoM

Pakistan

Pak Suzuki Motor Company Limited manufactures, assembles and markets Suzuki cars, pickups, vans and 4 X 4 vehicles.

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Pak Suzuki Motor (PSMC PA)

Pakistan Automobiles - Car Sales at ~9k units in Aug-2023 (including Non-PAMA), up 46% MoM

Pakistan car sales (as reported by PAMA) clocked in at 7.6K units up 49% MoM while down 36% YoY. Including Non-PAMA members car sales clocked in...

Topline Securities

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