Karachi: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of 2025, revealing a 5.3% decline in net sales compared to the same period last year. The company attributed this downturn to the imposition…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has updated the entity ratings of Alfalah Securities (Private) Limited (ASPL), placing them on Rating Watch. ASPL, a mid-sized brokerage firm in Pakistan and a wholly-owned subsidiary of Bank …
Karachi: MCB Bank Limited has announced its financial results for the first quarter of 2025, revealing a 17% decline in profit compared to the same period last year. The bank reported a profit of PkR13.8 billion, or PkR11.7 per share, which fell sligh…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Tariq Corporation Limited at ‘BBB/A3’, indicating adequate credit quality with stable outlook. The company’s ratings reflect the challenges and stability within Pakistan’s…
LAHORE: Avanceon Ltd. (AVN), a leading automation solutions provider, held its analyst briefing to discuss the company’s financial performance for the calendar year 2024 and its future outlook. The briefing highlighted a 9.1% year-on-year decline in r…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of CSC Empowerment and Inclusion Programme (CEIP) at ‘BBB-/A3’. The medium to long-term rating of ‘BBB-‘ indicates adequate credit quality, with reasonable and sufficient pro…