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Al-Ghazi Tractors Limited (Pakistan)

Main Activities: Farm Machinery and Equipment Manufacturing
Full name: Al-Ghazi Tractors Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Al-Ghazi Tractors Limited was incorporated in 1983, as a culmination of the then government's desire to
bring in the private sector to join hands with the public sector - as public-private enterprise - under
a seven year management contract to the private shareholders. At the end of seven years, the government
once again took over the management control of AGTL in 1990.
In 1991 the project was offered for privatization, and acquired by Al-Futtaim Group of Dubai who took
over the management control of AGTL in December 1991. Ever since AGTL is a case study of rollicking
corporate success. 50.02% shares of the company are held by Al-Futtaim Industries Co. LLC and 43.17%
shares are held by CNH Global NV, with whom Al-Ghazi Tractors Limited has signed an Industrial
Collaboration Agreement for manufacture of New Holland brand tractors. The Agreement is valid till
April 2016.
AGTL's "Work Smart" culture continues to enhance its competitive position - thus market leadership of
Pakistan's tractor industry. At AGTL, the company's VISION sets the destination in sight and each of
its employee lives to achieve the company's MISSION with CORPORATE FOCUS as the guide.

Legal Address
Tractor House, 102 -B, 16Th East Street, Dha Phase I, Off. Korangi Road
Karachi; Sindh; Postal Code: 74400

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Website: http://www.alghazitractors.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1983
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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50.02%
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43.17%
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4.89%
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0.57%
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0.47%
Company Performance
Financial values in the chart are available after Al-Ghazi Tractors Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
-0.96%
Total operating revenue
-0.05%
Operating profit (EBIT)
-11.85%
EBITDA
-11.85%
Net Profit (Loss) for the Period
-18.34%
Total assets
64.67%
Total equity
53.65%
Operating Profit Margin (ROS)
-1.61%
Net Profit Margin
-1.46%
Return on Equity (ROE)
-31.98%
Quick Ratio
0.07%
Cash Ratio
0.33%

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