FLASHNEWS:

Day: April 30, 2025

PTCL’s Short-Term Sukuk XI Receives Top Rating From VIS

Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1+’ for Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk XI (STS-XI). This rating indicates the strongest likelihood of timely repayment for short-te…

Nishat Mills Reports Positive Earnings but Misses Expectations

Lahore: Nishat Mills Ltd. (NML) announced its financial results for the third quarter of the fiscal year 2025, revealing a profit of PkR696 million, equivalent to earnings per share of PkR1.98. This is a significant improvement from a loss of PkR286 m…

VIS Reaffirms Ratings for Artistic Denim Mills Amid Economic Shifts

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Artistic Denim Mills Limited (ADML) at ‘A-/A2’, reflecting a stable outlook despite ongoing economic challenges. The medium to long-term rating of ‘A-‘ signifies good cred…

Pakistan Vows to Bolster Job and Skill Opportunities in SME Sector

LAHORE: In a joint statement marking International Labor Day 2025, key officials pledged comprehensive support to amplify employment and skill development opportunities for Pakistan’s labor force within the small and medium enterprises (SME) sector. T…