Karachi: The Pakistani fertilizer sector witnessed a mixed performance in the second quarter of 2024, with a notable decrease in urea sales but an increase in DAP offtakes. Engro Fertilizers Ltd and Fauji Fertilizer Company reported significant decline…
Karachi: VIS Credit Rating Company Limited (VIS) has updated its ratings for Shakarganj Food Products Limited (SFPL), stabilizing the company’s outlook from ‘Negative’ to ‘Stable’ while revising the instrument rating from ‘BBB+’ to ‘BBB-‘. This adjustm…
Karachi: VIS Credit Rating Company Limited (VIS) has updated its ratings for Shakarganj Food Products Limited (SFPL), stabilizing the company’s outlook from ‘Negative’ to ‘Stable’ while revising the instrument rating from ‘BBB+’ to ‘BBB-‘. This adjustm…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Kamal Textile Mills (Private) Limited (KTML) at ‘A-/A-2’ for medium to long-term and short-term financial commitments, respectively. This rating reflects a stable fi…
Karachi: VIS Credit Rating Company Limited (VIS) has officially withdrawn the Insurer Financial Strength (IFS) ratings previously assigned to EFU Health Insurance Limited (EFUH), following its amalgamation into EFU Life Assurance Limited (EFUL). The me…
Lahore: VIS Credit Rating Company Limited (VIS) has reaffirmed the credit ratings of Yunus Energy Limited (YEL) at ‘A+/A-1’ for medium to long-term and short-term borrowings, respectively. This rating reflects a stable outlook and acknowledges YEL’s go…