Business

Lahore: Ferozsons Laboratories Limited (FEROZ) experienced a substantial 28% increase in revenue for the fiscal year 2024, reaching PkR12.7 billion compared to PkR9.9 billion in the previous fiscal year. This growth was driven by a 20% rise in volume ...

The post Ferozsons Laboratories Reports 28% Revenue Increase in FY24, Faces Decline in 1QFY25 Earnings appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Topline Securities Limited at 'A/A1' (Single A/A One), indicating a stable outlook for the stock brokerage firm. The long-term rating of 'A' suggests good credit qualit...

The post VIS Reaffirms Ratings for Topline Securities Limited appeared first on Pakistan Business News.

KARACHI: Dr. Javed Shaikh, Acting Chairman of the Employees' Old-Age Benefits Institution (EOBI), announced the establishment of a weekly helpdesk at the SITE Association of Industry to address members' concerns related to EOBI. This initiative aims t...

The post EOBI to Establish Helpdesk at SITE Association Amidst Industry Challenges appeared first on Pakistan Business News.

Karachi: Pakistan National Shipping Corporation (PNSC) has announced plans to acquire new Aframax vessels to enhance its fleet capabilities and meet the country's maritime transportation needs. The move aims to replace the existing vessels, which are ...

The post PNSC Plans Acquisition of New Aframax Vessels for Enhanced Fleet Efficiency appeared first on Pakistan Business News.

Karachi: The currency exchange rates in Pakistan experienced slight changes over a two-day period, with minor fluctuations observed across various foreign currencies. The buying and selling rates for the US dollar, Euro, British pound, Japanese yen, U...

The post Currency Exchange Rates See Minor Fluctuations in Pakistan appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Nishat Chunian Power Limited at 'A+/A2'.

According to VIS, the medium to long-term rating of 'A+' reflects good credit quality, with adequate protection factors, while...

The post VIS Reaffirms Ratings for Nishat Chunian Power Limited appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of DIC Pakistan Limited, reflecting the company's strong market position and financial stability. The ratings, which remain AA- for long-term and A1 for short...

The post DIC Pakistan’s Ratings Maintained by PACRA Amid Financial Growth and Increased Leverage appeared first on Pakistan Business News.