Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra…
Karachi: FCL has announced a significant rise in its Net Profit After Tax (NPAT) for the fiscal year 2024, reaching PkR1.89 billion, which translates to earnings per share of PkR3.0, marking a 9% year-on-year increase. This improvement was primarily a…
Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed its appreciation for the collaborative efforts between the Small and Medium Enterprises Development Authority (SMEDA) and the Board of Investment (BOI) in implementing over 170…
Switzerland: Tetra Laval, the conglomerate comprising Tetra Pak, Sidel, and DeLaval, has announced its commitment to aid those impacted by the recent floods in Spain’s Valencia region. In a display of solidarity, the group has expressed its sympathy f…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Primus Leasing Limited (‘PLL’ or the ‘NBFC’) at ‘A+/A1’ (Single A Plus/A One). The long-term rating of ‘A+’ indicates good credit quality with adequate protection fa…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of ‘A-/A2’ (Single A minus/A Two). A medium to long-term rating of ‘A-‘ indicates good credit quality, with adequ…