Pakistan’s automobile industry is witnessing growing competition as Haval’s local assembler, Sazgar Engineering Works Limited, reports an impressive operating profit of Rs36.45 billion for the financial year 2025-26.
The strong financial performance highlights the increasing presence of Chinese automotive brands in Pakistan’s market, challenging the dominance of established Japanese manufacturers.
Sazgar Engineering Works recorded an operating profit of Rs36.45 billion, compared with Rs25.61 billion in the previous financial year, representing an increase of 42.3 percent.
The company’s net sales also increased by 76.4 percent to Rs191.72 billion, while its profit after tax reached Rs23.60 billion, compared with Rs16.34 billion in FY2025.
The growth was largely supported by rising demand for Haval and GWM Tank vehicles. The company sold 19,188 four-wheelers during FY2026, compared with 10,889 units in the previous year.
Meanwhile, Toyota’s local assembler, Indus Motor Company, reported net sales of approximately Rs258.8 billion and profit after tax of around Rs25.5 billion during the same financial year.
Sazgar’s results demonstrate its growing financial strength and the increasing popularity of SUVs and hybrid vehicles among Pakistani consumers.
The development also reflects changing consumer preferences and intensifying competition in Pakistan’s automobile industry, where Chinese brands are gaining market share alongside traditional Japanese manufacturers.
