Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Burj Clean Energy Modaraba (BCEM) of ‘A/A1’, indicating good credit quality and a strong likelihood of timely short-term obligation repayments. The outlook for these rat…
Karachi: Indus Motor Company Limited (INDU) reported a significant increase in profit for the third quarter of fiscal year 2025, with profit after tax reaching PkR6.6 billion, a 48% rise compared to PkR4.4 billion in the same period last year. The com…
Karachi: JS Bank has reported a profit before tax of PKR 2.74 billion for the first quarter ending March 31, 2025. The bank’s profit after tax was PKR 1.29 billion, with earnings per share recorded at PKR 0.63, a decrease from PKR 0.84 in the same per…
Karachi: AGP Limited (AGP) held a corporate briefing on their CY24 performance and future outlook, highlighting a 63% increase in profit after tax, amounting to Rs2.96 billion. This was accompanied by a 34% growth in topline revenue, reaching Rs25 bil…
Karachi: Lucky Investments Limited, a newly established Islamic asset management company, has been awarded an AM2 Asset Manager Rating with a Positive Outlook by The Pakistan Credit Rating Agency Limited (PACRA). This accomplishment positions the comp…
Lahore: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA), in partnership with the Trade Development Authority of Pakistan (TDAP), announced the 41st International Exhibition of Handmade Carpets, scheduled to take place from October …