Karachi: Ghani Global Holdings Limited (GGL) revealed substantial growth and strategic advancements in its FY24 financial results during a corporate briefing yesterday. The company reported a 49% year-on-year increase in consolidated earnings, reaching…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Indus Sugar Mills Limited at ‘A-/A-1’, indicating a stable outlook with a strong likelihood of timely repayment of short-term obligations. This rating reflects the company’…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Mughal Iron and Steel Industries Limited, citing the company’s resilience in a challenging economic environment marked by subdued demand and rising operatio…
Karachi: The cement industry recorded subdued dispatches in the first quarter of fiscal year 2025, with a total of 10.3 million tons, marking a 13% decline year-over-year. This downturn was primarily due to significant drops in local dispatches, somewh…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its ‘A+’ rating for the debt instrument (Sukuk) issued by Mughal Iron and Steel Industries Limited, reflecting the company’s resilience in a challenging economic climate marked by…
Karachi: Secure Logistics Group Limited (SLG), a key player in integrated logistics, asset tracking, and security services, has maintained its entity ratings at ‘A+’ for long-term and ‘A1’ for short-term, reflecting a stable financial outlook. These ra…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Sovereign Fund at AA-(f) with a stable outlook, recognizing the fund’s robust investment in government securities and its strategic manage…