FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-03-31

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FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-03-31

April 27, 2022

April 26, 2022

 

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road,

Karachi.

 

SUBJECT:   FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-03-31

 

Dear Sir,

 

We have to inform you that the Board of Directors of our Company in their meeting held on 2022-04-26 at 13:30 hrs. at Lahore recommended the following:

 

  1. CASH DIVIDEND NIL                
  2. BONUS SHARES NIL
  3. RIGHT SHARES NIL
  4. ANY OTHER ENTITLEMENT/CORPORATE ACTION NIL
  5. ANY OTHER PRICE-SENSITIVE INFORMATION NIL

 

The financial results of the Company are attached as per annexure – I.

 

The Quarterly Report of the Company will be transmitted through PUCARS separately, within the specified time.

 

Results Report

Yours Sincerely,

For Sazgar Engineering Works Limited,

Arshad Mahmood

Company Secreatry

 

Last Modified at :  April 27th, 2022

BOARD MEETING

April 19, 2022

Date: 19-04-2022

 

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road,

Karachi.

 

Dear Sir,

 

This is to inform you that a meeting of the Board of Directors of the Company will be held on 2022-04-26, at 13:30 at Lahore to consider the Quarterly Accounts for the period ended 2022-03-31 / for declaration of any entitlement.

 

The Company has declared the “Closed Period” from 2022-04-19 to 2022-04-26 as required under Clause 5.6.4 of PSX Regulations. Accordingly, No Director, CEO or Executive shall, directly or indirectly, deal in the shares of the Company in any manner during the Closed Period.

 

You may please inform the TRE Certificate Holders of the Exchange accordingly.

 

 

 

Yours truly,

For Sazgar Engineering Works Limited

 

 

 

 

 Arshad Mahmood

(Company Secretary)

 

 

 

 

 

 

Last Modified at :  April 19th, 2022

Production and Sales Data March 2022

April 13, 2022

DISCLOSURE FORM IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

 

Lahore: April 13, 2022

 The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

 

Executive Director/HOD,
Offsite-II Department,

Supervision Division,
Securities & Exchange Commission

of Pakistan,
63, NIC Building, Jinnah Avenue,
Blue Area, Islamabad.

 

Name of Company                                             : Sazgar Engineering Works Limited

 

Date of Report (date of earliest

Event reported if applicable)                         : N/A

 

Address of Registered Office                         : 88-Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore.

 

Contact Information                                        : Company Secretary, 88-Ali Town, Thokar Niaz Baig,

Raiwind Road, Lahore.

 

Disclosure of Inside Information:

SUBMISSION OF PRODUCTION AND SALES DATA OF THE COMPANY REGARDING THREE WHEELERS AND FOUR WHEELERS:

 

We are pleased to provide you the Production and Sales data of the Company regarding three wheelers and four wheelers for the month of March, 2022:

 

THREE WHEELERS:

Month Production Units Sales Units
March– 2022 1,950 1,911

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
March – 2022 73 71

 

Thanking you,

 

Yours faithfully,

For Sazgar Engineering Works Limited

 

 

Arshad Mahmood

(Company Secretary)

Last Modified at :  April 16th, 2022

How ambulance rickshaws can perform paramedic duties at a fraction of the cost of a traditional ambulance – an analysis on benefits of ambulance rickshaw:

April 4, 2022

FROM THE SAZGAR DESK:  As we continue to urbanize, we are ignoring health and safety, and as diseases/accidents evolve, so do the demand for health care facilities. This raises the demand for ambulances, which has also increased the cost of purchase and consumption. Thus, to solve this rising problem, SAZGAR offers the ambulance rickshaw, a vehicle that performs ambulance tasks at a lower cost and better utility.

Benefits of ambulance rickshaw

Although an ambulance rickshaw has several advantages, we will focus on the most significant ones in this post.

1).  Cost of fuel and maintenance / Cost of acquisition

When it comes to any vehicle, the first and foremost concern for any user is the cost; while ambulances are occasionally sponsored, these funds could be better used to improve hospital facilities; when it comes to ambulance rickshaws, there is a significant difference in cost between ambulance van and ambulance rickshaw; first, the cost of the vehicle is significantly less than that of the ambulance van; second, the fuel consumption/ mileage is much better; third, due to the small engine, maintenance costs are half that of a four-wheel vehicle.

2). Reachable in congested areas

The typical ambulance van becomes difficult to access in congested locations due to its large body width, while the ambulance rickshaw, on the other hand, is very handy and easy to drive in congested regions due to its low similar width, ambulances sometimes cannot get to emergencies fast enough. Often, first responders are unable to get patients to a hospital in a timely manner, particularly in remote areas such as villages, towns, and even congested areas of cities, because four-wheeled ambulances are not designed for such areas, however, SAZGAR’s ambulance rickshaw is designed to reach even the most remote areas with ease. 

SAZGAR began a corporate social responsibility (CSR) initiative to aid the environment, with the purpose of alleviating people’s problems and providing safe, economical, long-lasting, and comfortable modes of transportation. A selection of them are listed below. 

Cancer Care Hospital

SAZGAR management has donated an ambulance rickshaw to a cancer care hospital as part of its aim to protect the environment by assisting cancer patients and contributing to the environment. 

Al Khidmat Hospital

In keeping with its goal and knowledge of the importance of CSR and environmental responsibility, SAZGAR donated an ambulance rickshaw to Al Khidmat Hospital. 

Fatima Memorial Hospital

One of our major values is our company’s corporate social responsibility model. To expand our business sustainably and create a good difference, we believe in taking care of society. Our company continued this by donating a rickshaw to the Fatima Memorial Hospital. 

Concluding Remark

 If you are looking for a cheaper and reliable solution in terms of ambulance services then SAZGAR ambulance rickshaw can meet your needs. Our product is of international standards and quality so if you are looking to get one order here.

Last Modified at :  June 19th, 2022