Business

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited at 'A-/A2'. The ratings indicate good credit quality with adequate protection factors, although risk factors may vary with economic changes. The...

The post VIS Reaffirms Ratings for Next Capital Limited Amid Profitability Challenges appeared first on Pakistan Business News.

Karachi: The Consumer Price Index (CPI) for November 2024 is projected to drop to 4.7%, marking the lowest point since April 2018. This trend underscores a continuing pattern of disinflation, bolstered by a high base effect. The downward trajectory st...

The post Consumer Price Index Hits Six-Year Low, Fuels Speculation of Interest Rate Cut appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pakistan Currency Exchange Company (Private) Limited at 'A-/A2', indicating good credit quality and adequate protection factors for medium to long-term obligations. The sh...

The post VIS Reaffirms Ratings for Pakistan Currency Exchange Company appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an 'A1+' short-term rating to the Pakistan Telecommunication Company Limited's (PTCL) Short Term Sukuk VII (STS-VII). This rating signifies the highest level of certainty regarding timely p...

The post VIS Assigns Top Rating to PTCL’s Seventh Sukuk Offering appeared first on Pakistan Business News.

Karachi: The Consumer Price Index (CPI) is projected to decrease significantly in November 2024, reaching its lowest level in six years, as inflation continues its downward trend. The CPI is expected to drop to 4.7%, the lowest since April 2018, suppo...

The post Consumer Price Index Hits Six-Year Low as Inflation Trends Downward appeared first on Pakistan Business News.

Lahore: Pioneer Cement Limited (PIOC) held a corporate briefing session to discuss its financial results for FY24 and the first quarter of FY25, highlighting its commitment to debt reduction and cost efficiencies. The company reported a 92% year-on-ye...

The post Pioneer Cement Focuses on Debt Reduction and Cost Efficiencies Amid Strong Earnings Growth appeared first on Pakistan Business News.

Lahore: Panther Tyres Ltd. (PTL) held its corporate briefing, revealing a significant 38% year-over-year increase in its FY24 revenue, reaching PkR29.5 billion compared to PkR21.4 billion in FY23. The company attributed this growth to increased volume...

The post Panther Tyres Ltd. Reports 38% Increase in FY24 Revenue Amid Volumetric Growth appeared first on Pakistan Business News.