Karachi: VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of Multiline Securities Limited at ‘A-/A2’, maintaining a stable outlook. This decision reflects the company’s good credit quality and sound short-term liquidity factors, amidst…
Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven …
Karachi: The State Bank of Pakistan (SBP) announced a reduction in its Policy Rate by 100 basis points to 12%, marking the sixth consecutive rate cut in a sustained monetary easing effort. The decision is primarily driven by declining inflation and ai…
Lahore: The construction industry, deemed vital for Pakistan’s economic revival, has the potential to unlock $100 billion in investments and create millions of jobs. This was emphasized by Nazir Hussain, President of the Pakistan China Joint Chamber o…
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…
KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan’s brokerage industry, has received initial long-term and short-term ratings of ‘A’ and ‘A1’, respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited…