Karachi: Lucky Electric Power Company Limited (LEPCL) has received a preliminary rating from the Pakistan Credit Rating Agency Limited (PACRA) for its newly issued debt instrument, PPSTS-20, valued at PKR 7 billion, as part of its financial strategy to…
Islamabad: Bank Alfalah, in collaboration with the Benazir Income Support Programme (BISP), has expanded its role in promoting women’s entrepreneurship and financial inclusion in Pakistan. The bank, which has partnered with BISP for over a decade, was …
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Saigal Packages Industries Limited (SPI), highlighting its emerging profile in the industrial packaging sector despite several market challenges.According to The …
Karachi: Engro Fertilizer Limited (EFERT) experienced a significant decline in its earnings for the second quarter of 2024, primarily due to extensive maintenance activities and production downturns at its Enven plant. The facility, responsible for 60-…
Karachi: The Pakistani Stock Exchange (PSX) experienced notable gains during Tuesday’s trading, driven by strong activity in the Auto and Tech sectors. However, these gains were tempered by profit-taking amidst global political tensions, resulting in a…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhoo Sugar Mills Limited (SSML) at ‘A-/A-2’, reflecting good credit quality and a stable outlook, consistent with assessments from the previous year. The ratings …