Karachi, August 30, 2023 (PPI-OT): Financial results of National Bank of Pakistan “the Bank” for the half-year ended June 30, 2023 were approved today (August 29, 2023) by the Board of Directors in their meeting held at the Bank’s Head Office. The meet…

Lahore, August 30, 2023 (PPI-OT): The ratings incorporate the strategic importance of K-Electric Limited, (“the Company” or “KE”) being a vertically integrated power utility, responsible for the generation, transmission, and distribution of electricity…

Lahore, August 30, 2023 (PPI-OT): Golden Packages (Pvt.) Limited (“GPL’’ or “the Company”) is predominately manufacturing Cast Poly Propylene (CPP) Films and flexible packaging. The demand for the product is derived mainly from the food industry and co…

Lahore, August 30, 2023 (PPI-OT): The ratings incorporate robust business profile of the Company, represented by its leading market share of ~38% with ~74mln cellular subscribers as of Mar’23. Cellular market is dominated by three large players and the…

Lahore, August 30, 2023 (PPI-OT): Engro Energy Limited (EEL) along with China Machinery and Engineering Corporation (CMEC) has set up first Thar coal based (2 x 330 MW) power plant (Complex) – Engro Powergen Thar(Pvt.) Limited (EPTL). Since its COD in …

Lahore, August 30, 2023 (PPI-OT): Pakistan heavily depends on imports for its energy requirements due to its limited domestic POL production. A substantial increase in POL import costs was witnessed supported by rupee depreciation (FY22: US$17bln, FY21…

Lahore, August 30, 2023 (PPI-OT): Vivo, a renowned technology brand, proudly launched the highly anticipated Y27 smartphone in Pakistan. The Y27 is a true masterpiece, combining exceptional design and formidable performance. vivo Y27 features a Dual Ri…