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SAZEW: Earnings down by 50%



Sazgar Engineering’s revenues fell this year by 19% to Rs. 3.2 billion from Rs. 3.9 billion last year in addition to its cost of goods sold that decreased by 18%. The total Operating costs remained stable this year with a slight increase of 0.6% but brought a reduction in Operating profit by 46% this year from Rs. 250 million approximately last year to Rs. 132 million this year.
Read Full Report (https://drive.google.com/file/d/14JpMv7m7MUEBAaOcMMJG8mdCV9St6GUs/view?usp=sharing)

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