FLASHNEWS:

Category: Business

Earnings Decline Expected in E and P Sector Amid Lower Production

KARACHI: The exploration and production (E and P) sector is projected to experience a 14% year-over-year decline in earnings for the third quarter of fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated downturn…

VIS Finalizes A1 Rating for RYK Mills’ Short Term Sukuk

Karachi: VIS Credit Rating Company Limited has finalized an A1 instrument rating for the Short Term Sukuk issued by RYK Mills Limited. The rating reflects a strong likelihood of timely repayment of short-term obligations, supported by excellent liquid…