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Millat Tractors Ltd
Sheikhupura Road, Distt: Shahdara
Phone: +92 42111200786p:+92 42111200786 LAHORE, 54000  Pakistan Ticker: MTLMTL
Business Summary
Millat Tractors Limited is a Pakistan-based company, which is engaged in the manufacturing and marketing of Massey Ferguson tractors under a licensing agreement with AGCO Ltd., United Kingdom; forklift trucks under license from Anul Forlift Trucks, China; diesel engines; diesel generating sets, and a range of allied agricultural and industrial implements. The Company is also involved in the sale, implementation and support of industrial and financial systems applications in Pakistan and abroad. Its segments include tractors, tractor components and castings. Its tractors segment deals with assembling and manufacturing agricultural tractors, implements and multi-application products. The Company's tractor components segment manufactures automotive, agricultural and industrial vehicles parts and components. Its castings segment manufactures castings for tractors and automotive parts. Its agricultural tractors include Millat's MF 240, Millat's MF 350, Millat's MF 260 and Millat MF 360.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
3523 Farm machinery and equipment
3537 Industrial trucks, tractors, trailers, and stackers
3321 Gray and ductile iron foundries

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Sikandar MustafaKhan
Chief Executive Officer, Executive Director Syed Muhammad IrfanAqueel
Chief Financial Officer Sohail AhmedNisar
5 additional Officers and Directors records available in full report.

General Information
Number of Employees: 882 (As of 6/30/2023)
Outstanding Shares: 191,798,229 (As of 12/31/2023)
Shareholders: 9,259
Stock Exchange: PSX
Fax Number: +92 4237925835


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Friday, April 19, 2024