Lahore, August 26, 2023 (PPI-OT): During 1HCY23, IGI’s brokerage revenue declined on account of the decrease in market volumes. Moving forward, it is imperative for the Company to diversify its revenue streams to better be able to resist market shocks. The management’s ability to retain its market share and boost trading volumes remain critical. Moreover, retention of key management and sustainability of profitability continue to remain a prominent factor for ratings.
For more information, contact:
Analyst,
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore, Pakistan
Tel: +92-42-5869504-6
Fax: +92-42-5830425
Email: hammad.rashid@pacra.com
Website: www.pacra.com
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