Recent Financial News in the 'auto-assembler' category
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Friday, October 16 2026
1QFY27: Auto sector profits seen falling 35pc QoQ
Pakistan’s listed automobile sector is expected to post combined earnings of Rs12.6 billion in 1QFY27, down 35 percent quarter-on-quarter, as vehicle sales volumes declined 16 percent sequentially amid uncertainty over the auto policy and delayed clarity on general sales tax (GST) on hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs), according to a research report.
The research house expects earnings of the auto sector to increase 1 percent year-on-year from Rs12.5 billion in 1QFY26. Net sales are projected to rise 39 percent year-on-year but decline 10 percent quarter-on-quarter to Rs179 billion in the period.
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auto-assembler
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economic-indicators
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Monday, September 21 2026
Auto industry flags flawed fuel-consumption data in climate plan
Automotive industry stakeholders and policy experts have raised concerns over apparent contradictions in official government data, warning that flawed statistics could result in resource misallocation and adversely affect Pakistan’s two-wheeler manufacturing ecosystem.
The concerns centre on the recently published Pakistan Climate Prosperity Plan (CPP), a government blueprint aimed at addressing climate vulnerability and mobilising green investment. The plan estimates that Pakistan has 10 million motorcycles on the road, collectively consuming USD 6 billion to USD 8 billion worth of fuel annually.
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auto-assembler
business
economic-indicators
misc
Friday, September 18 2026
GHNI FY26 profit jumps 51%
Ghandhara Industries Limited (PSX: GHNI) reported a 51% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs6.93bn compared to Rs4.58bn in the preceding year.
Alongside the financial results, the board recommended a final cash dividend of Rs12 per share.
Reflecting this robust bottom-line expansion, basic and diluted earnings per share (EPS) for the year expanded to Rs162.57, up from Rs107.58 in FY25.
The primary catalyst behind the performance was strong top-line revenue growth combined with a 54% expansion in gross margins.
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Nishat Group’s NexGen Auto launches iCAUR in Pakistan with the V27 REEV priced at PKR 12,499,000
Nishat Group’s automotive venture, NexGen Auto, has officially revealed the prices of the iCAUR V27 and iCAUR V23, marking a major step forward in the introduction of the iCAUR brand to Pakistan. The collaboration was announced in April 2026, at a landmark ceremony held in Beijing, between Nishat Group and Chery International (the parent company of iCAUR).
Built around the philosophy “Born to Play,” iCAUR brings together distinctive SUV design, intelligent technology and new-energy mobility. The brand enters Pakistan with two models designed for different lifestyles: the adventurous and commanding V27 REEV, and the distinctive, retro style V23EV.
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auto-assembler
business
economic-indicators
misc
