 | |
| Native name | ال غازی ٹریکٹر |
|---|---|
| Company type | Public |
| Traded as | PSX: AGTL |
| Industry | Agricultural machinery |
| Founded | June 26, 1983 |
| Headquarters | Karachi-75500, Pakistan |
| Area served | Pakistan |
| Key people | Sakib Eltaff (CEO) Robert Ian McAllister (chairperson) |
| Products | Tractors |
| Revenue |  Rs. 34.543 billion (US$120 million) (2023) |
| Operating income | Rs. 5.043 billion (US$17 million) (2023) |
| Net income | Rs. 2.611 billion (US$9.0 million) (2023) |
| Total assets | Rs. 14.229 billion (US$49 million) (2023) |
| Total equity | Rs. 5.780 billion (US$20 million) (2023) |
| Owner | Al-Futtaim Group (50.02%) CNH Industrial (43.17%) |
| Number of employees | 410 (2023) |
| Parent | CNH Industrial Al-Futtaim Group |
| Website | alghazitractors |
| Footnotes / references Financials as of 31 December 2023 | |
Al-Ghazi Tractors Ltd (AGTL) (Urdu: ال غازی ٹریکٹر) is a Pakistani agricultural machinery assembler headquartered in Karachi with a tractor manufacturing plant located in Dera Ghazi Khan. It is a subsidiary of CNH Industrial and Al-Futtaim Group.
Al-Ghazi Tractors assembles New Holland tractors in Pakistan with the production capacity of 30,000. It is one of the two major tractor manufacturers of Pakistan, other is Millat Tractors.
History
Al-Ghazi Tractors was founded in 1983 and started production at its plant located in Dera Ghazi Khan. It was listed on the Karachi Stock Exchange in 1985.
In 1991, Al-Futtaim Group took over the management control of Al-Ghazi Tractors by acquiring 50 percent of its shares.
Products
Al-Ghazi produced a wide range of models which include:
- Ghazi
- 480S
- 640
- NH 70-56
- NH Dabung 85
Al Ghazi also produces generators and farming equipment.
See also
References
- "Al-Ghazi Tractors Annual Report 2023". Retrieved 24 May 2024.
- Khan, Ahmad Fraz (May 17, 2021). "DG Khan's history of missed opportunities". DAWN.COM.
- ^ "Al-Ghazi Tractors Limited – Business Recorder".
- Khan, Aamir Shafaat (January 4, 2020). "Millat extends plant shutdown for another 17 days". DAWN.COM.
- "Tractor collusion". Profit by Pakistan Today. 19 September 2021.
- "Tractors | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.
- "Generators | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.
- "Implements | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.
External links
| CNH Industrial | |
|---|---|
| Agriculture | |
| Construction | |
| Related | |
 Automotive industry in Pakistan | |
|---|---|
| Domestic manufacturers | |
| Foreign companies with operations | |
| Defunct manufacturers | |
| Components & parts | |
| Related topics | |
- CNH Industrial
- Vehicle manufacturing companies established in 1983
- Pakistani companies established in 1983
- 1980s initial public offerings
- 1991 mergers and acquisitions
- Companies listed on the Pakistan Stock Exchange
- Dera Ghazi Khan District
- Formerly government-owned companies of Pakistan
- Companies in the KSE 100 Index
- Manufacturing companies based in Karachi
- Manufacturing companies of Pakistan