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…
Islamabad: Bank Alfalah Limited, a prominent commercial bank in Pakistan, has entered into a strategic partnership with UnionPay International to launch the first-ever PayPak co-badge platinum debit cards in the country. The new cards aim to provide cu…
Karachi: VIS Credit Rating Company Limited has reaffirmed the stable entity ratings of ‘A/A-1’ for Premier Sales (Private) Limited, reflecting its solid market position as one of Pakistan’s leading distribution companies and its robust short-term finan…
Karachi: VIS Credit Rating Company Limited has elevated the Corporate Governance Rating of Pak Oman Investment Company Limited from ‘CGR-9’ to ‘CGR-9+’, indicating a very high level of corporate governance. This upgrade, announced on September 11, 2024…
Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings of ‘BBB/A-2’ to Taleem Finance Company Limited (TFCL), indicating an adequate credit quality with a stable outlook. The medium to long-term rating of ‘BBB’ reflects reasonab…
Karachi: VIS Credit Rating Company Limited has upgraded the entity ratings of Agro Processors and Atmospheric Gases Limited from ‘BBB/A-2’ to ‘BBB+/A-2’, reflecting an enhanced financial risk profile and strong market presence in the edible oil sector….