Pak Suzuki Jump by 37% Profits in Q1 2017

Different automobile companies are making delays in the delivery of the to the customers due to high demand in the public and their income is also enhancing, which you can watch in the report earnings in Suzuki and it has recorded the profit of 37.8 percent in the first half of 2017.
The manufacturers of Cultus, Mehran and Wagon R have surpassed the quarterly profit of Rs. 1 billion for the first time in the recent years.
Pak Suzuki Motor Co Limited earned the profit of Rs.1.306 billion during the period of January to March 2017 when you compared to Rs.0.947 billion, which is reported in the same period in 2016. The overall revenue of the company is increased to Rs.23.8 billion by the end of March 2017 from the revenue Rs.19.9 billion by end of March 2016.
The company also earned under head of other income, which was surged to Rs.2.03 billion by end of first quarter, which stood at Rs.1.49 billion last year in the same period. The company has the earning per share is increased to 15.88 from 11.51. The company has not announced the dividend for the shareholder during first quarter of 2017.
Productions and Sales
Suzuki cars have high demand in the market and it has slowed down the delivery of the vehicle to the customers because of its limited production capacity. The companies are also charged the ‘Own Money’ as much as Rs.75,000 on various models of the car.
New Models
Suzuki has redesigned and launched the Cultus model, which has created the pre-launch type to attract sufficient number of pre-booking orders. The company has also introduced SVU Suzuki Vitara at the end of 2016.