Business

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PCJCCI Advocates for Enhanced Solar Capacity Through Chinese Technological Advances

Lahore, On Thursday, the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) emphasized the importance of leveraging China's solar power advancements to boost global solar capacity. During a think tank session at the PCJCCI Secretariat, Moa...

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VIS Assigns Entity Ratings to Ittefaq Agro Industries (Pvt.) Limited

Karachi, VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of 'A-/A-2' (Single A Minus/A-Two) to Ittefaq Agro Industries (Pvt.) Limited (IAIPL),

According to VIS Credit Rating Company Limited, The medium to long-term rating...

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VIS Withdraws Entity Ratings of Chiniot Textile Mills Limited

Karachi, VIS Credit Rating Company Limited (VIS) has announced the withdrawal of the entity ratings assigned to Chiniot Textile Mills Limited (CTML) with immediate effect due to the non-renewal of the rating contract. The previous rating action was di...

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Luck Cement Ltd. Analyst Briefing Reveals 9MFY24 Performance Insights

Karachi, Luck Cement Ltd. (LUCK) conducted its corporate briefing to provide investors with an overview of its financial performance for the first nine months of fiscal year 2024 (9MFY24) and offered insights into the company's future outlook.

Accor...

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State Bank of Pakistan Holds Policy Rate at 22% Amid Economic and Fiscal Stabilization Efforts

Karachi, The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 22%, as revealed in its recent monetary policy statement. This decision comes amid a backdrop of declining inflation and ongoing economic stabilization measures.

Ac...

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Indus Motor Company Records Significant Profit Increase in Third Quarter FY24

Karachi, Indus Motor Company Limited (INDU) has announced a notable rise in profitability for the third quarter of fiscal year 2024, posting a profit after tax (PAT) of PKR 4.4 billion, a significant increase from PKR 1.7 billion in the previous quart...

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Nestle Pakistan Recognized at 6th OICCI Women Empowerment Awards 2023

Karachi, Nestle Pakistan was acknowledged at the Overseas Investors Chamber of Commerce and Industry Women Empowerment Awards 2023, held in Karachi, where it secured the first runner-up position. The recognition underscores Nestle Pakistan’s steadfast...

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