Business

Karachi: United Bank Ltd (UBL) has reported a notable increase in its net profit after tax (NPAT) for the first quarter of the calendar year 2025, amounting to PkR36.1 billion, a significant rise of 126% year-on-year and 39% quarter-on-quarter. The ba...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Biotech Energy (Private) Limited at 'A/A1', highlighting the company's robust credit quality and strong likelihood of timely short-term repayment. The outlook remains stab...

Karachi: VIS Credit Rating Company Limited (VIS) has announced the maturity of the rating for the Short Term Sukuk-1 (STS-1) issued by Al-Karam Textile Mills (Private) Limited. The sukuk, valued at PKR 4.0 billion, has reached its maturity following i...

Karachi: VIS Credit Rating Company Limited has assigned an 'A1' short-term rating to the Short Term Sukuk issued by Al Karam Textile Mills (Private) Limited. The rating indicates a strong likelihood of timely repayment of the company's short-term obli...

Islamabad: At a prominent economic forum titled "Navigating the Unknown," Yousaf Hussain, President of the Overseas Investors Chamber of Commerce and Industry (OICCI), called on the government and national stakeholders to adopt a unified economic stra...

Karachi: Pakistan's leading oil marketing companies, Pakistan State Oil (PSO) and Attock Petroleum Limited (APL), are expected to report a combined net profit after tax (NPAT) decline of 17% year-on-year and 28% quarter-on-quarter for the third quarte...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Fatima Sugar Mills Limited at 'A-/A2'. These ratings suggest that the company maintains good credit quality, with adequate protection factors. The medium to long-term rati...