Business

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.

Karachi: Unity Foods Limited (UNITY) has reported a net loss of Rs3.4 billion for the fiscal year 2024, primarily attributed to a significant decline in the sales of edible oil and its derivatives. The company's financial performance was further impac...

The post Unity Foods Limited Reports FY24 Net Loss Amid Drop in Edible Oil Sales 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: In a recent development, VIS Credit Rating Company Limited has upgraded the entity ratings of Fast Cables Limited to 'A/A2' from A-/A2. This upgrade reflects the company's strong financial performance and strategic market positioning. The out...

The post Fast Cables Limited Receives Upgraded Credit Ratings Amid Strategic Growth and Market Challenges appeared first on Pakistan Business News.