 | |
Native name | ملت ٹریکٹرز |
|---|---|
| Company type | Public |
| PSX: MTL KSE 100 component KSE 30 component | |
| Industry | Agricultural machinery |
| Founded | 1964 |
| Founders | Rana Khudadad Khan Rana Allahdaad Khan |
| Headquarters | , Pakistan |
Area served | Pakistan |
Key people | |
| Products | Tractors |
| Revenue |  Rs. 47.139 billion (US$160 million) (2023) |
| Rs. 7.486 billion (US$26 million) (2023) | |
| Rs. 3.733 billion (US$13 million) (2023) | |
| Total assets |  Rs. 29.765 billion (US$100 million) (2023) |
| Total equity | Rs. 9.728 billion (US$34 million) (2023) |
Number of employees | 336 (2023) |
| Subsidiaries | TIPEG Intertrade DMCC (75%) Millat Industrial Products Limited (64.09%) Bolan Castings Limited (46.26%) Millat Equipment Limited (45%) Hyundai Nishat Motors (15.86%) |
| Website | millat |
| Footnotes / references Financials as of 30 June 2023[update] [1] | |
Millat Tractors (Urdu: ملت ٹریکٹرز) is a Pakistani agricultural machinery manufacturer based in Lahore, Punjab, Pakistan.[2][3] Founded in 1964, it is the manufacturer of Massey Ferguson tractors in Pakistan with a production capacity of 40,000.[4][5][6]
It is one of the two major tractor manufacturers of Pakistan with a 70 percent market share, as compared to Al-Ghazi Tractors which had 29 percent market share in 2021.[7]
- ^ "Millat Tractors Annual Report 2023" (PDF). millat.com.pk. Retrieved 30 November 2023.
- ^ Seyyed, Fazal Jawad; Shehzad, Ch. Tanveer; Ashfaq, Hafsa (6 March 2020). "Millat Tractors Limited: A Shariah-compliant Investment Opportunity". Asian Journal of Management Cases. 17 (1_suppl): S61–S77. doi:10.1177/0972820119884399 – via CrossRef.
- ^ "Company Profile of Millat Tractors". Forbes. 18 July 2018.
- ^ "What's going on with Millat?". Profit by Pakistan Today. 28 November 2021.
- ^ Syed Wajeeh ul Hasan Naqvi (July–August 2018). "Driving Pakistan's agri future". Dawn. Retrieved 17 June 2021.
- ^ "Millat Tractors sets new production and sales record". The Express Tribune. 16 June 2018.
- ^ "Tractor collusion". Profit by Pakistan Today. 19 September 2021.