Karachi: In a recent assessment, VIS Credit Rating Company Limited has upgraded the credit ratings of Quaid-e-Azam Thermal Power (Private) Limited to ‘AA+/A-1+’ from ‘AA/A-1’, citing strong protection factors and the highest likelihood of timely debt r…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Insight Securities (Private) Limited at ‘BBB+/A-2’. The long-term rating reflects adequate credit quality with reasonable and sufficient protection factors, though ri…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary short-term rating of A-1 (plim) to RYK Mills Limited’s proposed short-term sukuk, indicating a strong likelihood of timely repayment with excellent liquidity factors.According …
Karachi: JS Global held its annual summit yesterday, unveiling significant investment opportunities and new strategic partnerships aimed at enhancing financial growth and market expansion. Top executives from JS Global outlined plans to capitalize on e…
Islamabad: The National Electric Power Regulatory Authority (NEPRA) reported a 17% year-on-year decline in power generation for August 2024, totaling 13,180 GWh. This decrease aligns with a broader trend observed over the fiscal year, as increased hydr…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Almoiz Industries Limited (AMIL) at ‘A/A-2’. The ratings reflect good credit quality and a stable outlook, indicating sound liquidity and a good likelihood of meeting…