FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-03-31

FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-03-31

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

 

BOARD MEETING

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)

 

 

 

 

 

 

Production and Sales Data March 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)

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

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.

PRODUCTION AND SALES DATA FEBRUARY 2022

DISCLOSURE FORM

IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

 

Lahore: March 09, 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 February, 2022:

THREE WHEELERS:

Month Production Units Sales Units
February– 2022 1,553 1,504

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
February – 2022 43 43

 

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

APPOINTMENT OF AN INDEPENDENT DIRECTOR

February 17, 2022

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that Mr. Muhammad Omer Saeed has been appointed as an Independent Director of the Company with effect from 2022-02-17 in place of resigned director, Mr. Sardar Ejaz Ishaq Khan, for the reminder of the term.

 

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

Yours truly,

For Sazgar Engineering Works Limited,

 

 

 

ARSHAD MAHMOOD

(Company Secretary)

 

 

CC:      Executive Director/HOD,
Offsite-II Department,

Supervision Division,
Securities & Exchange Commission

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

FINANCIAL RESULTS FOR THE QUARTER ENDED 2021-12-31

 

February 17, 2022

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on 2022-02-17 at 15:00 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.

Annexure I

 

Yours Sincerely,

For Sazgar Engineering Works Limited,

 

 

 

 

Arshad Mahmood

Company Secreatry

 

 

Notice of Closed Period of Quarterly Financial Statements For Period Ended December 31 2021

This is to inform you that the Company has declared the closed period from 10′ February, 2022 to 17th February. 2022 for the approval of Quarterly & Half Yearly Financial Statements for the period ended December 31, 2021 as required Clause 5.6.4 of PSX Regulations. Accordingly, No Executive of the Company shall, directly or indirectly, deals in the shares of the Company in any manner during the Closed Period.

 

 

Yours truly,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Closed period from 10.02.2022 to 17.02.2022 of BOD

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

Executive Director/HOD,                                                                                           Lahore: February 10, 2022


Offsite-II Department,

Supervision Division,
Securities & Exchange Commission

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

The General Manager,                                                                                    

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

 

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 January, 2022:

 

THREE WHEELERS:

Month Production Units Sales Units
January– 2022 1,538 2,731

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
January – 2022 8 12

 

Thanking you,

 

Yours faithfully,

For Sazgar Engineering Works Limited

 

 

Arshad Mahmood

(Company Secretary

SAZGAR UNVEILS BAIC BJ40 PLUS: THE ULTIMATE FOUR-WHEEL DRIVE WITH DISTINCTIVE FEATURES

FROM THE SAZGAR DESK: Sazgar Engineering Works has a philosophy that dictates comfort, reliability and intelligent means of transportation of international quality at competitive pricing. In lieu of that philosophy, Sazgar Engineering is proud to announce introduction of the all new BAIC BJ40 PLUS in Pakistan Automotive Industry.

About BAIC Group

Beijing Automotive Industry Corp. (BAIC) is a major automobile manufacturer in China established in 1958 and headquartered in Beijing. BAIC has now developed into a large State-owned automobile enterprise group covering the R&D and manufacturing of complete vehicles, parts & components, auto services and trade, integrated mobility services, finance, investment, and general aviation. It ranks 124th on the Fortune 500 list in 2020.

BAIC Group has an international footprint with exports to more than 30 countries or regions. BAIC exports to Europe, North America, South America, Australia, Africa, the Middle -East, Southeast Asia, South Africa, just to mention a few.  BAIC is one of the top five largest automotive groups in China with over 58 -years of history.

BJ40-PLUS

BAIC, among other vehicles, is launching its SUV in Pakistan under brand name of BJ40 Plus in collaboration with Sazgar Engineering. BJ40 Plus is an off-road SUV designed especially for rough terrains but has since been used for everyday city use as well, mainly because of the comfort it offers. “BJ” stands for Beijing refers to both the country’s capital and the company’s name. The BJ40 was initially introduced in 2013 with a 2.4-liter four-cylinder petrol engine. BJ40 S (Super), BJ40 P (Professional), BJ40 C (City), and BJ40 SE were the four models available (Special Edition). 

In 2019, it received a facelift which was named BJ40 Plus. The facelifted model features a 2.0L turbo engine and is 3 inches wider than the predecessor along with drastic revamp in exterior and interior aesthetics of the vehicle. The newer variant has enhanced the executive form of the vehicle even further. 

EXTERIOR

Because of the sheer size of BJ40 Plus, the vehicle has a very intimidating road presence. Moreover, the ultra-high anti-roll frame, with 210 millimeters of ground clearance, keeps the car from rolling over on bumpy roads. The piano painting on the vertically modeled front grilled body gives the vehicle a striking flair.

 The BJ40 Plus has LED daytime running lights and front combo headlamps. Fog lamps are also included in front and back. Furthermore, the entire interior is illuminated by monochromatic and polychromatic ambient lighting. A LED high-mounted stop lamp and an LED rear combination tail lamp are also included in the package.

 The front and back bumpers as well as majority of the exterior are plated in dazzling silver. The vehicle also has a red tow bar on the front and back. With its skid plate, rear bumper radar bracket, and front / rear bumper lower guard, the BJ40 Plus is ready and reliable for any adventure.

INTERIOR

The interior of the BJ40 Plus is simple and bold, complementing its robust outlook. A steering control switch is located on the leather-wrapped steering wheel. For the driver’s convenience, it may be simply modified by altering its angle. Behind the steering wheel is a 10.25″ full-size LCD instrument screen with altitude, pressure, height, direction, and atmospheric pressure shown along with the ability to change themes. Driving is made easier and more convenient by the manual anti-glare internal rearview mirror.

In the BJ40 Plus, there is a 220V power outlet for charging gadgets. All of the seats are adjustable. For a more pleasant ride, all of the headrests can be adjusted and the back seats can be reclined as well making the vehicle suited for long and tiresome expeditions. The backseats of BJ40 Plus may also be flipped with 60/40 ratio to add storage capacity.

The vehicle’s front fascia houses a 12.3″ central control panel which allows one to use all multimedia services as well as the calling service. The hi-fi sound system’s 6 speakers provide a lively environment for the passengers. Two USB ports, as well as an aux input, are available for connecting or charging devices.  The BJ40 Plus also has automatic air conditioning, which is controlled by daylight sensors. It also contains a CN95 air filtration system which is designed for automotive use, to improve the air quality within the car.

ENGINE

The BJ40 Plus is equipped with a 2.0-liter turbocharged petrol engine that produces 218 horsepower at 5500 rpm and 320 Nm at 4500 Rpm and complemented by a six-speed automatic transmission with four driving modes: eco, comfort, sport, and snowfield. A new-generation electric part-time 4WD system is also included with modes such as 4H and 4L. 

RIDE & HANDLING

BAIC BJ40 Plus has all of the features you’ll need for off-road as well as urban activities. The vehicle boasts many safety and driver-assistance systems to make the ride more comfortable and safe. BJ40’s sturdy body frame keeps it from rolling over and allows it to drive on tough terrain. 

MAINTENANCE

All fast- and slow-moving spare parts and maintenance workshops are readily available at nine BAIC 3S Dealerships in six different cities, locations of which are as follows: 

BAIC 3S DEALERSHIPS:


Queen Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Omer Sheikh

Address: 19-A Queens Road, Gate no 4 near sir Ganga Ram Hospital, Lahore, Punjab.

 

 

 

Mobile: 0324-4677255

Hashmi & Hashmi Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Umair Hashmi

Address: Barki Rd, near Paragon City, Block J Park view CHS, Lahore, Punjab.

 

 

Mobile: 0331-4439931

Noon Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Usman Noon

Address: Multan Rd, near Eden Value Homes, opposite Honda Gateway, Eden Value Homes, Lahore, Punjab

Mobile: 0331-4439931

Kaira Motors Gujrat (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Ghilman Kaira

Address: Grand Trunk Rd, opposite Pace Shopping Mall Near: Servis Industries Gujrat, Gujrat, Punjab

 

Mobile: 0333-8403030

Haval/Baic Rawalpindi Motors (Pvt.) Ltd

(Authorized Dealer BAIC)

Address: Main Grand Trunk Rd, opposite Al-Shifa Eye Hospital, Kotha Kalan Morgah, Rawalpindi, Punjab

Mobile: 0333-6205064

Haval/Baic Islamabad Motors (Pvt.) Ltd.

(Authorized Dealer BAIC)

Address: Lower Ground Floor, Moscow Plaza, Block H Blue Area, Islamabad

 

Mobile: 0321-8542800

Haval/Baic Sialkot Motors (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Khaldoon Sohail

Address: Eureka Industries, 9th Km Daska Road Sialkot

 

 

Mobile: 0321-6157777

Automotive Motors Karachi (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Abdul Naeem

Address: Plot No 2-C, 12th Commercial Street, Phase 2 Extension, DHA, Karachi

Mobile: 0307-2870183

Southern Motors Multan (Pvt.) Ltd.

(Authorized Dealer BAIC)

Address: Main khanewal road, near NLC bypass chowk, Multan, Punjab

Mobile: 0310-5333884

 

 

COLORS AVAILABILITY

CONCLUDING REMARKS

With its unique features, and driving experience; BAIC BJ40 Plus is a magnificent addition to the Pakistani 4-wheeler market and it’s the only one of its kind. In a nutshell, BAIC BJ40 provides an unprecedented utility in SUV segment of Pakistan. A vehicle in which you can experience the comfort and intimidating road presence in an urban ride while having safety and robustness for the off-roads. In BAIC BJ40 Plus, one can truly “HAVE IT ALL”! 

For Booking Click here

or contact us