Ghandhara Industries Limited: Difference between revisions
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{{Use dmy dates|date=May 2019}} |
{{Use dmy dates|date=May 2019}} |
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{{Infobox company |
{{Infobox company |
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| name = |
| name = Isuzu Pakistan |
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| logo = |
| logo = Isuzu.svg |
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| type = [[ |
| type = [[Public limited company|Public]] |
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| traded_as = {{Karachi Stock Exchange|GHNI}} |
| traded_as = {{Karachi Stock Exchange|GHNI}} |
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| foundation = 1953 |
| foundation = 1953 |
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⚫ | |||
| predecessor = |
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⚫ | |||
| key_people = Ahmad Kuli Khan Khattak ([[CEO]]) |
| key_people = Ahmad Kuli Khan Khattak ([[CEO]]) |
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| industry = [[Automotive industry|Automotive]] |
| industry = [[Automotive industry|Automotive]] |
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| products = [[ |
| products = [[Truck]]s and buses |
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| area_served = |
| area_served = Pakistan |
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| revenue |
| revenue = {{decrease}} {{PKRConvert|14.542|b}} |
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| revenue_year = 2023 |
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| operating_income = |
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| operating_income = {{decrease}} {{PKRConvert|1.193|b}} |
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| net_income = |
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| |
| income_year = 2023 |
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| net_income = {{decrease}} {{PKRConvert|179.424|m}} |
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| equity = |
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| |
| net_income_year = 2023 |
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| assets = {{decrease}} {{PKRConvert|16.495|b}} |
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| assets_year = 2023 |
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| equity = {{Increase}} {{PKRConvert|8.222|b}} |
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| equity_year = 2023 |
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| num_employees = 664 |
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| num_employees_year = 2023 |
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| owner = [[Bibojee Group|Bibojee Services Limited]] (39.16%) <br/> [[Ghandhara Automobiles Limited]] (19.09%) <br/> [[Universal Insurance]] (5.56%) |
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| parent = [[Bibojee Group]] |
| parent = [[Bibojee Group]] |
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| website = {{url|gil.com.pk}} |
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| footnotes = Financials {{as of|2023|6|30}} <ref name="AR2023">{{cite web|title=Ghandhara Industries Limited Annual Report 2023|url=https://financials.psx.com.pk/lib/DownloadPDF.php?id=216900 |access-date=24 May 2024}}</ref> |
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}} |
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'''Ghandhara Industries Limited (GIL |
'''Ghandhara Industries Limited''' ('''GIL''') ({{lang-ur|گندھارا انڈسٹریز لمیٹڈ}}), formerly known as '''National Motors Limited''', [[doing business as]] '''Isuzu Pakistan''', is a Pakistani truck and buses assembler based in [[Karachi]].<ref name=Forbes/> It is the authorized assembler of [[Isuzu Motors|Isuzu]] vehicles in Pakistan.<ref name=Tribune>[https://tribune.com.pk/story/1396244/ghandhara-industries-jan-mar-profit-20/ Ghadhara Industries' Jan-Mar profit up 20% ] The Express Tribune (newspaper), Published 29 April 2017, Retrieved 5 May 2019</ref> |
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The major business activities of the company are progressive [[manufacturing]], [[Assembly line|assembling]] and [[marketing]] [[Isuzu]] trucks and buses at its plant in [[S.I.T.E.]], [[Karachi]].<ref name=FT>[https://markets.ft.com/data/equities/tearsheet/profile?s=GHNI:KAR Profile and stock quote of Ghandhara Industries on Financial Times (UK business newspaper)] Retrieved 5 May 2019</ref> |
The major business activities of the company are progressive [[manufacturing]], [[Assembly line|assembling]] and [[marketing]] [[Isuzu]] trucks and buses at its plant in [[S.I.T.E.]], [[Karachi]].<ref name=FT>[https://markets.ft.com/data/equities/tearsheet/profile?s=GHNI:KAR Profile and stock quote of Ghandhara Industries on Financial Times (UK business newspaper)] Retrieved 5 May 2019</ref> |
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==History== |
==History== |
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Ghandhara Industries Limited was established in [[Karachi]] by the [[General Motors|General Motors Overseas Distribution]] in 1953. |
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In February 1963, the company was acquired by [[Habibullah Khan Khattak]] who renamed it Ghandhara Industries Limited.<ref name=Forbes/> |
In February 1963, the company was acquired by [[Habibullah Khan Khattak]] who renamed it Ghandhara Industries Limited.<ref name=Forbes/><ref>{{Cite web|url=https://www.forbes.com/companies/ghandhara-industries/|title=Ghandhara Industries | Company Overview & News|website=Forbes}}</ref> |
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In 1972, the [[Government of Pakistan|government]] nationalized Ghandhara Industries and renamed it National Motors Limited. The company's franchises [[Bedford Vehicles]] and [[Toyota]] produced buses and cars.<ref name="auto">{{Cite web|url=https://gil.com.pk/gil/page-history-1|title=Welcome|first=Interactive Media Pakistan-|last=imedia.com.pk|website=gil.com.pk}}</ref> |
In 1972, the [[Government of Pakistan|government]] nationalized Ghandhara Industries and renamed it National Motors Limited. The company's franchises [[Bedford Vehicles]] and [[Toyota]] produced buses and cars.<ref name="auto">{{Cite web|url=https://gil.com.pk/gil/page-history-1|title=Welcome|first=Interactive Media Pakistan-|last=imedia.com.pk|website=gil.com.pk|access-date=27 July 2020|archive-date=24 September 2020|archive-url=https://web.archive.org/web/20200924085547/https://gil.com.pk/gil/page-history-1|url-status=dead}}</ref> |
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In 1984, the Toyota franchise was transferred to [[Toyota Indus]].<ref name="auto"/> |
In 1984, the Toyota franchise was transferred to [[Toyota Indus]].<ref name="auto"/> |
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In 1992, [[Bibojee Group|Bibojee Services]] acquired National Motors Limited.<ref name="auto"/> The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. |
In January 1992, [[Bibojee Group|Bibojee Services]] acquired National Motors Limited for PKR 150 million, under the privitization scheme of the Government of Pakistan.<ref>{{Cite web|url=https://privatisation.gov.pk/Detail/NTU0ZjE1NGQtNmYzNC00NWZjLWIxZTEtYWMzMzliYzFhNzk4 |title=Privitization of the National Motors Limited}}</ref><ref name="auto"/> The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. |
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In 1999, the company renamed to its original name.<ref name="auto"/> |
In 1999, the company renamed to its original name.<ref name="auto"/> |
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==External links== |
==External links== |
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* |
* {{official website|http://gil.com.pk/}} |
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* [http://gil.com.pk/ Ghandhara Industries Limited Official Site] |
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* [http://www.gm.com/ General Motors Corporation Official Website] |
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* [http://www.isuzu.com/ Isuzu Motors America] |
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{{Automotive industry in Pakistan}} |
{{Automotive industry in Pakistan}} |
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{{General Motors}} |
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{{General Motors brands}} |
{{General Motors brands}} |
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{{Isuzu Commercial Vehicle}} |
{{Isuzu Commercial Vehicle}} |
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{{DEFAULTSORT:Ghandhara Industries}} |
{{DEFAULTSORT:Ghandhara Industries}} |
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[[Category: |
[[Category:Isuzu]] |
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[[Category: |
[[Category:Pakistani companies established in 1953]] |
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[[Category: |
[[Category:Vehicle manufacturing companies established in 1953]] |
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[[Category: |
[[Category:1960s initial public offerings]] |
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[[Category: |
[[Category:Bus manufacturers of Pakistan]] |
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[[Category: |
[[Category:Truck manufacturers of Pakistan]] |
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[[Category: |
[[Category:Manufacturing companies based in Karachi]] |
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[[Category: |
[[Category:Former General Motors subsidiaries]] |
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[[Category: |
[[Category:Companies listed on the Pakistan Stock Exchange]] |
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[[Category:Formerly government-owned companies of Pakistan]] |
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[[Category:1992 mergers and acquisitions]] |
[[Category:1992 mergers and acquisitions]] |
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[[Category: Pakistani companies established in 1953]] |
Revision as of 09:09, 4 August 2024
![]() | |
Company type | Public |
---|---|
PSX: GHNI | |
Industry | Automotive |
Founded | 1953 |
Headquarters | Karachi, Sindh, Pakistan |
Area served | Pakistan |
Key people | Ahmad Kuli Khan Khattak (CEO) |
Products | Trucks and buses |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Owner | Bibojee Services Limited (39.16%) Ghandhara Automobiles Limited (19.09%) Universal Insurance (5.56%) |
Number of employees | 664 (2023) |
Parent | Bibojee Group |
Website | gil |
Footnotes / references Financials As of 30 June 2023[update] [1] |
Ghandhara Industries Limited (GIL) (Urdu: گندھارا انڈسٹریز لمیٹڈ), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi.[2] It is the authorized assembler of Isuzu vehicles in Pakistan.[3]
The major business activities of the company are progressive manufacturing, assembling and marketing Isuzu trucks and buses at its plant in S.I.T.E., Karachi.[4]
History
Ghandhara Industries Limited was established in Karachi by the General Motors Overseas Distribution in 1953.
In February 1963, the company was acquired by Habibullah Khan Khattak who renamed it Ghandhara Industries Limited.[2][5]
In 1972, the government nationalized Ghandhara Industries and renamed it National Motors Limited. The company's franchises Bedford Vehicles and Toyota produced buses and cars.[6]
In 1984, the Toyota franchise was transferred to Toyota Indus.[6]
In January 1992, Bibojee Services acquired National Motors Limited for PKR 150 million, under the privitization scheme of the Government of Pakistan.[7][6] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak.
In 1999, the company renamed to its original name.[6]
In 2017, Ghandhara Industries made it to 'Forbes Asia's 200 Best Under A Billion list of companies.[8][2]
Products
(Double Cab/Pickup Truck)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/9/90/2019_Isuzu_D-Max_Hi-Lander_4-Door_1.9_Ddi_M.jpg/220px-2019_Isuzu_D-Max_Hi-Lander_4-Door_1.9_Ddi_M.jpg)
N series/Isuzu Elf trucks
![](http://upload.wikimedia.org/wikipedia/commons/thumb/6/61/ISUZU_ELF%2C_6th_Gen%2C_Hi-cab_White_Box_truck.jpg/220px-ISUZU_ELF%2C_6th_Gen%2C_Hi-cab_White_Box_truck.jpg)
F series/Isuzu Forward trucks and prime movers
![](http://upload.wikimedia.org/wikipedia/commons/thumb/5/5d/Tadano-Crane.jpg/220px-Tadano-Crane.jpg)
C series/Isuzu Giga trucks and prime movers
- Isuzu CYZ
Buses/Coaches
See also
References
- ^ "Ghandhara Industries Limited Annual Report 2023". Retrieved 24 May 2024.
- ^ a b c Profile of Ghandhara Industries on Forbes.com business website Published 18 July 2018, Retrieved 5 May 2019
- ^ Ghadhara Industries' Jan-Mar profit up 20% The Express Tribune (newspaper), Published 29 April 2017, Retrieved 5 May 2019
- ^ a b c d e f g Profile and stock quote of Ghandhara Industries on Financial Times (UK business newspaper) Retrieved 5 May 2019
- ^ "Ghandhara Industries | Company Overview & News". Forbes.
- ^ a b c d imedia.com.pk, Interactive Media Pakistan-. "Welcome". gil.com.pk. Archived from the original on 24 September 2020. Retrieved 27 July 2020.
- ^ "Privitization of the National Motors Limited".
- ^ 5 Pakistani companies make it to Forbes Asia's 200 Best Under A Billion list (includes Ghandhara Industries) The Express Tribune (newspaper), Published 31 July 2017, Retrieved 5 May 2019
- ^ Ghandhara launches Isuzu pickup The Express Tribune (newspaper), Published 21 February 2019, Retrieved 5 May 2019
- ^ Ghandhara Industries to Launch Isuzu D-MAX in Pakistan pro-Pakistani.pk website, Retrieved 5 May 2019
External links
- Isuzu
- Pakistani companies established in 1953
- Vehicle manufacturing companies established in 1953
- 1960s initial public offerings
- Bus manufacturers of Pakistan
- Truck manufacturers of Pakistan
- Manufacturing companies based in Karachi
- Former General Motors subsidiaries
- Companies listed on the Pakistan Stock Exchange
- Formerly government-owned companies of Pakistan
- 1992 mergers and acquisitions