Millat Tractors Ltd operates in the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Millat Tractors Ltd with three other
manufacturers of agricultural equipment in Asia:
Al-Ghazi Tractors Ltd
(2012
sales of 14.78 billion Pakistan Rupees [US$150.01 million]
),
Titagarh Wagons Limited
of India
(8.93 billion Indian Rupees [US$160.48 million]
of which 92%
was Wagons & Coaches), and
Jiangsu Tongrun Tool Cabinet Co.,Limited.
which is
based in China
(891.78 million Chinese Renmimbi [US$145.46 million]
).
Sales Analysis.
Millat Tractors Ltd reported sales of 20.62 billion Pakistan Rupees (US$209.31 million)
for the
fiscal
year ending
June of 2012.
This
represents
a
decrease of 19.3%
versus 2011, when the company's sales were 25.54 billion Pakistan Rupees.
Contributing to the drop in overall sales was the 18.0% decline
in Tractors, from 25.97 billion Pakistan Rupees to 21.30 billion Pakistan Rupees.
.
However, these declines were partially offset by the increase in sales of
Batteries (up 46.1% to 571.89 million Pakistan Rupees)
and
Multiapplication Products (up 0.3% to 394.26 million Pakistan Rupees)
and
Implements (up 158.0% to 54.42 million Pakistan Rupees)
.
Business Description