FLASHNEWS:

Category: Business

PACRA Affirms Ratings for KAM International, Outlook Stable

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of KAM International, affirming a long-term rating of A- and a short-term rating of A2. The outlook for the company remains stable, with no changes to its rati…

VIS Reaffirms Ratings for Pak Telecom Mobile Limited

Karachi: In a recent announcement, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pak Telecom Mobile Limited at ‘AA-/A1’, maintaining a stable outlook. The ratings reflect the company’s strong credit quality and the likelihood …

PACRA Maintains Ratings for Latif Textile Mills

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the maintenance of entity ratings for Latif Textile Mills (Pvt.) Ltd. The long-term rating of BBB- and short-term rating of A2 remain unchanged, with a stable outlook.

According…

Mari Energies Faces Earnings Decline Amid Rising Costs

Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in…