External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Automobiles / Thematic (Sector/Industry)

<ul><li>Pakistan car sales (as reported by PAMA) clocked in at 10.5k units up 12% MoM and 135% YoY in Apr-2024.</li><li>The MoM jump in car sales is primarily due to an increase in the sales of Pak Suzuki (PSMC), where PSMC's Alto variant recorded a 64% MoM increase to 4,786 units in Apr-2024, the highest sales recorded after 15 months.</li><li>On a YoY basis, the significant jump in total car sales is attributed to a low base from last year amid plant shutdowns.</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 10.5k units up 12% MoM and 135% YoY in Apr-2024.The MoM jump in car sales is primarily due to an increase in the sales of Pak Suzuki (PSMC), where PSMC's Alto variant recorded a 64% MoM increase to 4,786 units in Apr-2024, the highest sales recorded after 15 months.On a YoY basis, the significant jump in total car sales is attributed to a low base from last year amid plant shutdowns.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 | Pakistan Car Sales at ~10.5k Units in Mar-2024, Down 3% MoM