Sazgar | |
Type: | Public |
Traded As: | KSE 100 component KSE 30 component |
Foundation: | 1991 |
Founder: | Mian Asad Hameed |
Location: | Lahore, Pakistan |
Area Served: | Pakistan |
Key People: | Mian Asad Hameed (CEO) Saira Asad Hameed (chairperson) |
Industry: | Automotive |
Products: | Automobiles, engines |
Revenue Year: | 2023 |
Income Year: | 2023 |
Net Income Year: | 2023 |
Assets Year: | 2023 |
Equity Year: | 2023 |
Owner: | Mian Asad Hameed (41.85%) Mian Muhammad Ali Hameed (11.61%) Saira Asad Hameed (6.41%) |
Footnotes: | Financials [1] |
Sazgar Engineering Works Limited (ur|سازگار انجینیرنگ ورکس) is a Pakistani automotive assembler headquartered in Lahore. It specialises is the manufacturing and sale of automobiles, automotive parts, and household electric appliances.[2]
Sazgar Engineering Works was founded in September 1991 as a private limited company.[3] It was converted into a public limited company in November 1994.[3] In 1996, it was listed on the Karachi Stock Exchange.[3]
In 2022, Haval H6 HEV vehicle was launched. It is assembled under a joint venture of Sazgar Engineering Works Ltd and Great Wall Motor of China.[4]
The company made agreement with BAIC Group to launch of three vehicles in Pakistan which includes:[5]
The vehicles are assembled under a joint venture between Sazgar Engineering Works Ltd and Great Wall Motor of China.[6]
The vehicles are assembled under a joint venture between Sazgar Engineering Works Ltd and Great Wall Motor of China.[7]