Business

Karachi: DG Khan Cement Company Limited (DGKC) has announced a significant turnaround in its financial performance for the fiscal year 2024, reporting a profit of PKR 542 million (Earnings Per Share: 1.24) in contrast to a loss of PKR 3.6 billion (Los...

The post DGKC Reports Profit Turnaround in FY24 Amid Increased Sales and Strategic Export Focus. appeared first on Pakistan Business News.

Lahore: KOHC has reported a significant increase in profit for the fiscal year 2024, with earnings reaching PkR8.9bn, marking a 56% rise compared to the PkR5.8bn reported in FY23. This growth is attributed to a surge in other income and improved reten...

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Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahtaj Textile Limited at 'A-/A2' (Single A Minus/A Two). The long-term entity rating of 'A-' signifies good credit quality with adequate protection factors, though...

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Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Sindh Modaraba ('SM' or the 'Modaraba') at 'A+/A1' (Single A Plus/A One). The medium to long-term rating of 'A+' signifies good credit quality with adequate protection...

The post VIS Reaffirms Entity Ratings of Sindh Modaraba. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of 'A/A2' (Single A/A Two) to Noventa Pharma (Private) Limited ('NPL' or the 'Company'). Medium to long term rating of 'A' indicates good credit quality; protection f...

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Lahore: The Pakistan Credit Rating Agency Limited has announced that it is maintaining the entity ratings for Glamour Textile Mills Limited, reflecting the company's sustained performance despite significant industry challenges. The ratings for Glamou...

The post PACRA Maintains Ratings for Glamour Textile Mills Limited Amid Industry Challenges. appeared first on Pakistan Business News.

Lahore: Mughal Iron & Steel Industries Limited, a significant entity in the steel sector, has been assigned initial ratings for its debt instruments by PACRA. The long-term rating stands at A+, while the short-term rating is A1, with a stable outl...

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