Suzuki Pakistan Revenue Increased by 18%

Pakistan Suzuki revenues increased by 18% on a quarter-on-quarter basis due to 17% growth in unit sales. According to Topline Securities, Pak Suzuki reported a profit of Rs1 billion in the fourth quarter (October, November, and December) of 2020 after two years.

“The company was in loss for (two years),” JS Global’s Senior Research Analyst Ahmed Lakhani said. “It returned to profit in the last quarter of 2020, which was well above market expectations.” Cheaper dollar expectations may also increase the company’s profit,