Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary rating of ‘A-1’ to the proposed Short Term Sukuk (STS) of Al Karam Textile Mills (Private) Limited (AKTM), indicating a strong likelihood of timely repayment given the company’…
Faisalabad: Interloop Limited (ILP) is set to announce its financial results for FY24, projecting a significant year-over-year decline in earnings due to increased operational costs, despite achieving record annual exports.According to JS Global, ILP e…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a final rating of ‘A’ to the Medium Term Sukuk (MTS) issued by Al-Karam Textile Mills (Private) Limited (AKTM), affirming good credit quality with a stable outlook and a financial close of R…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Noor Sugar Mills Limited at ‘A-/A-2’, indicating good credit quality and a strong likelihood of timely debt repayments. The medium to long-term rating remains at ‘A-‘, s…
Karachi: VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Shahmurad Sugar Mills Limited (SSML) at ‘A/A-2’. The medium to long-term rating stands at ‘A’ and the short-term at ‘A-2’, indicating a stable credit quality with goo…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Gamalux Oleochemicals Limited at ‘A-/A-2’ with a stable outlook. The ratings reflect the company’s good credit quality and sound liquidity factors, indicating a strong like…