Karachi: K-Electric Limited’s Sukuk 5 has maintained its high credit rating of AA+ by VIS Credit Rating Company Limited, reflecting strong protection factors and modest risk, according to a recent announcement. The outlook on these instrument ratings …
Karachi: The VIS Credit Rating Company Limited has reaffirmed the entity ratings of K-Electric Limited at AA/A1+, signifying a stable outlook and high credit quality. The reaffirmation reflects strong protection factors and a modest risk that may vary…
Islamabad: Pakistan Telecommunication Company Limited (PTCL) has announced a strategic collaboration with GBM Pakistan and IBM to modernize its IT infrastructure. The partnership aims to enhance PTCL’s operational efficiency and prepare the company fo…
Lahore: Ali Embroidery Mills (Private) Limited has maintained its entity ratings, according to recent assessments by the Pakistan Credit Rating Agency Limited (PACRA). The agency has affirmed the company’s long-term rating at BBB and short-term rating…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings for Zahir Khan and Brothers (ZKB), a leading construction firm in Pakistan, at ‘A’ for the long term and ‘A2’ for the short term, with a stable outlook. Despi…
Karachi: The cement industry in Pakistan is poised for mixed earnings performance in the second quarter of fiscal year 2025, with DG Khan Cement Company Ltd (DGKC) and Kohat Cement Company Ltd (KOHC) projected to report increases, while Attock Cement …