Karachi: K-Electric Limited, the sole vertically integrated power utility in Pakistan, has been assigned initial ratings by the Pakistan Credit Rating Agency Limited (PACRA) as it embarks on ambitious growth plans and navigates through crucial regulato…
Islamabad: The food sector experienced a contraction in earnings for the second quarter of 2024, despite a recovery in topline revenue and stabilized margins, as recent budgetary measures and rising financial charges pose new challenges.According to JS…
Karachi: Vivo has launched its Service Day event, scheduled from September 23rd to 25th, across its 17 service centers nationwide. This event promises to enhance customer satisfaction with various complimentary services and discounts aimed at ensuring …
Islamabad: The automotive industry has witnessed a notable surge in sales across major car manufacturers like Honda Atlas Cars (HCAR) and Indus Motors (INDU), driven by favorable economic conditions and strategic pricing adjustments. This upturn follow…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of ‘AA- (plm)’ to the Sukuk issue of PGP Consortium Limited, indicating high credit quality with stable outlook, reflecting the company’s strong protection factors and moderat…
Lahore: VIS Credit Rating Company Limited has announced the assignment of initial credit ratings to Sunridge Foods (Private) Limited, categorizing the medium to long-term rating as ‘BBB+’ and the short-term rating as ‘A-3’. These ratings indicate an ad…