Karachi: The VIS Credit Rating Company Limited (VIS) has reaffirmed the bank loan rating of Avari Hotels (Pvt.) Limited at ‘AA (blr)’, indicating high credit quality and a stable outlook. This rating reflects the company’s strong protection factors an…
Karachi: The VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of J.K. Spinning Mills Limited (JKSM) at ‘A-/A-1’, indicating a stable outlook with good credit quality and strong liquidity factors. This assessment reflects the c…
Muscat: Descon Engineering – Industrial Services Oman has secured a significant contract to handle the Reformer works package for the Oman Methanol Turnaround scheduled for 2025. This project marks the largest such undertaking by Descon under the dire…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Indus Home Limited at ‘A-/A-2’, indicating a stable financial outlook and a good credit quality. The long-term rating of ‘A-’ suggests adequate protection factors, …
Islamabad: Despite a dip in local offtakes, major Pakistani cement companies are expected to report significant earnings growth for the fourth quarter of fiscal year 2024, as per recent forecasts. The anticipated growth is largely attributed to higher…
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a prominent Islamic asset management firm in Pakistan, declared a monthly dividend of PKR 1.7952 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) as of July 2024, reflecting a robust a…