Lahore: Pioneer Cement Ltd. reported a 19% year-over-year decline in earnings for the third quarter of fiscal year 2025, attributed to contracting margins and higher costs. The company announced earnings of 974 million Pakistani Rupees (PkR), equivale…
Karachi: English Biscuit Manufacturers (EBM), a leading biscuit and snacking company in Pakistan, celebrated significant victories at the Effie Awards 2025. The company secured three Gold awards and a Bronze, highlighting its stronghold in marketing c…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sindh Microfinance Bank Limited at ‘A/A1’, indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook on these ratin…
Karachi: The Exchange Companies Association of Pakistan announced new currency exchange rates on Tuesday. According to the latest figures, the US Dollar is being bought at 281.31 and sold at 282.87 in the open market.
The Euro is being bought at 319…
Karachi: VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of Mohammad Munir Muhammad Ahmed Khanani Securities Limited (MMMAKSL) at ‘BMR2’, while revising the outlook from ‘Stable’ to ‘Negative’. This rating action follo…
Karachi: VIS Credit Rating Company Limited has maintained its entity ratings for Ittehad Chemicals Limited (ICL) at ‘A-/A2’, while revising the outlook from Stable to Positive. The updated ratings reflect the company’s robust credit quality and sound …