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: Pakistani banks are poised to record their highest quarterly core income in the third quarter of 2024, driven by a notable decrease in funding costs relative to asset yields.According to JS Global, the comprehensive analysis of banks under the…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its stability rating for the Alfalah Islamic Rozana Amdani Fund, maintaining a long-term rating of AA(f) with a stable outlook. This decision reflects the fund’s continued low-ri…
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…