Karachi, Millat Tractors Limited informed Pakistan Stock Exchange that Mr. Qaiser Saleem has been appointed as Director of the company with effect from February 23, 2022 in place of Mr. Muhammad Saleem.
Millat Tractors Limited is a public interest company, was incorporated on June 08, 1964. The Company is engaged in assembly and manufacturing of agricultural Tractors, Implements and Multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan.
The total number of shares of the Company are 56,057,751. The Earnings per share of the Company is 43.16 in 2020 which was 73.01 in 2019. The Profit After Taxation is 2,150,548,000 in 2020 which was 3,638,045,000 in 2019.