External broker reports(aggregated public sources), Topline Securities

Topline Securities

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.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Automobiles and components / Thematic (Sector/Industry)

<ul><li>Pakistan Car sales in Pakistan (as reported by PAMA) clocked in at 14,050 units in Aug 2025, reflecting a 62% YoY and 27% MoM rise.</li><li>Despite floods the industry has recorded MoM growth, driven primarily by higher sales of Pak Suzuki Motor Company (PSMC).</li><li>YoY growth is supported by a more stable macroeconomic environment, introduction of more variants, lower interest rates, easing inflation, and improving consumer sentiment.</li></ul>

Pakistan Car sales in Pakistan (as reported by PAMA) clocked in at 14,050 units in Aug 2025, reflecting a 62% YoY and 27% MoM rise.Despite floods the industry has recorded MoM growth, driven primarily by higher sales of Pak Suzuki Motor Company (PSMC).YoY growth is supported by a more stable macroeconomic environment, introduction of more variants, lower interest rates, easing inflation, and improving consumer sentiment.

Sazgar Engineering Works Limited (SAZEW PK)

Pakistan Automobiles: Car Sales In Aug 2025 Up 62% YoY And 27% MoM To 14,050 Units