Business

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...

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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...

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KARACHI: Swedish companies operating in Pakistan are facing significant challenges due to high tax rates, energy prices, and difficulties in transferring foreign currencies, Ms. Alexandra Berg von Linde. In a meeting with the Karachi Chamber of Commer...

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LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) is advocating for the organization of international events to spur economic growth in Pakistan, drawing parallels with Germany's economic success through exhibitions and delegation exchanges. ...

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Karachi: Attock Cement Pakistan Ltd. (ACPL) has reported a substantial increase in its financial performance for the fiscal year 2024, driven by a combination of higher offtakes and strategic divestment activities. The company's topline increased to P...

The post Attock Cement Pakistan Ltd. Reports Significant Earnings Growth in FY24 appeared first on Pakistan Business News.

Karachi: Pakistan Cables Limited (PCAL) has had its entity ratings reaffirmed at 'A/A1' (Single A/A One) by VIS Credit Rating Company Ltd. (VIS), maintaining the medium to long-term rating at 'A' and the short-term rating at 'A1'. The outlook remains ...

The post VIS Reaffirms Ratings for Pakistan Cables Limited, Outlook Negative appeared first on Pakistan Business News.

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) announced a 7% increase in its topline for FY24, reaching PkR66.4 billion, driven by improved retention prices. However, the company's utilization fell to 45% due to weaker demand and increased capacity,
...

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