General Business News

Karachi: Mughal Iron & Steel Industries Limited (MUGHAL) held a corporate briefing to discuss the financial results for the fiscal year 2024 and future projections. The company reported a 43% year-over-year decline in earnings amounting to Rs2 bil...

The post Mughal Iron & Steel Projects Growth Despite Earnings Decline appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Spectrum Securities Limited at BFR 3+ with a stable outlook. The decision, disseminated on November 21, 2024, reflects the company's continu...

The post PACRA Affirms Stable Rating for Spectrum Securities Limited appeared first on Pakistan Business News.

Karachi: Attock Cement Pakistan Limited (ACPL) has signaled a challenging fiscal year ahead, with expectations of a 10% decline in cement dispatches for FY25. The company, which recently held a corporate briefing to analyze its financial results for F...

The post Attock Cement Projects Decline in Dispatches for FY25 Amid Strategic Investments appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

The post VIS Reaffirms Ratings for Oil Industries Pakistan Limited appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

The post VIS Reaffirms Ratings for Oil Industries Pakistan Limited appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates for the second consecutive day. The rates for the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal showed slight ...

The post Currency Exchange Rates See Marginal Changes Across Major Currencies appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

The post VIS Reaffirms Ratings for Oil Industries Pakistan Limited appeared first on Pakistan Business News.