Karachi: The first quarter of fiscal year 2025 is expected to bring mixed financial results for three major players in the cement industry. Cherat Cement Company Ltd (CHCC) and Lucky Cement Limited (LUCK) are anticipated to experience a drop in earning…
Karachi: VIS Credit Rating Company Limited has placed the entity ratings of Rousch (Pakistan) Power Limited of ‘AA/A-1’ on Rating Watch with a Developing outlook, following previous adjustments in May.According to VIS Credit Rating Company Limited, the…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sunrays Textile Mills Limited (SUTM) at ‘A-/A-1’, signaling good credit quality and a strong likelihood of timely repayment obligations. The long-term rating reflects…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Lyallpur Limited (ILL) at ‘A-/A-2’ for medium to long-term and short-term obligations respectively, citing a stable financial outlook despite challenging condit…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Dyeing and Manufacturing Company Limited (IDMC) at ‘A+/A-1’ (Single A Plus/A-One). The medium to long term rating of ‘A+’ signifies good credit quality with ade…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ‘A’ long-term and ‘A1’ short-term ratings for Stylers International Limited, reflecting consistent performance and a stable outlook despite some shifts in product mix and pri…