Karachi: Attock Cement Pakistan Limited (ACPL) has signaled a challenging fiscal year ahead, with expectations of a 10% decline in cement dispatches for FY25. The company, which recently held a corporate briefing to analyze its financial results for F…
Karachi: Mughal Iron & Steel Industries Limited (MUGHAL) held a corporate briefing to discuss the financial results for the fiscal year 2024 and future projections. The company reported a 43% year-over-year decline in earnings amounting to Rs2 bil…
Karachi: The newly appointed Turkish Ambassador to Pakistan, Mr. Irfan Neziroglu, recently paid a visit to the Dawlance head office in Karachi to discuss potential investment opportunities between the two countries. The meeting, attended also by the C…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Spectrum Securities Limited at BFR 3+ with a stable outlook. The decision, disseminated on November 21, 2024, reflects the company’s continu…
Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at ‘A-/A2’, maintaining a ‘Stable’ outlook. The affirmation reflects OIPL’s good credit quality and adequate protection factors for…
Karachi: In a recent development, VIS Credit Rating Company Limited has upgraded the entity ratings of Fast Cables Limited to ‘A/A2’ from A-/A2. This upgrade reflects the company’s strong financial performance and strategic market positioning. The out…