Auto Sector Loss in 4th Quarter 2020

Latest Pakistan Political Economic News

The profitability of Pakistan’s auto sector in 4QFY20 experienced a net loss of Rs. 1.9 billion (last: net profit Rs. 3.2 billion) and net profit of Rs. 1.7 billion in 3QFY20. This was primarily due to the COVID effect and economic slowdown.

 

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