Tag Archives: PACRA

Lahore, March 18, 2023 (PPI-OT): Pakistan’s ethanol industry is largely export based owing to meager domestic consumption. The Country’s ethanol exports witnessed ~10% during MY22 from 353,937MT during MY21 due to higher molasses production and better recovery. Prices in the global market have been high, on the back of spike in ethanol demand, despite unsteady...

The post PACRA Maintains Entity Ratings of Unicol Limited appeared first on Business News Pakistan.

Lahore, March 16, 2023 (PPI-OT): Reliance Petrochem Industries (Pvt.) Limited (hereafter referred to as ‘the Company’ or RPI) is considered a leading manufacturer and trader of petroleum oils (White Oil) in Pakistan. The Company primarily operates into three segments i.e. petroleum oils, solvents and polymers. The rating takes comfort in Company’s long-term association and supplier...

The post PACRA Maintains Entity Ratings of Reliance Petrochem Industries (Private) Limited appeared first on Business News Pakistan.

Lahore, March 15, 2023 (PPI-OT): Aba Ali Habib Securities (Pvt.) Limited (“AAH”) is one of the oldest brokerage houses, established in 1970. AAH is primarily engaged in the provision of equity brokerage services while diversity exist in the form of commodity brokerage, MTS, MFS and IPO distribution. The rating signifies a strong internal control environment...

The post PACRA Maintains Broker Management Rating of Aba Ali Habib Securities (Private) Limited appeared first on Business News Pakistan.

Lahore, March 15, 2023 (PPI-OT): Aba Ali Habib Securities (Pvt.) Limited (“AAH”) is primarily engaged in the provision of equity brokerage services while diversity exist in the form of commodity brokerage, MTS, MFS and IPO distribution. AAH enjoys a good market share whereas the clientele is fairly diversified between institutions/corporates and HNWI’s/Retail. The business model...

The post PACRA Maintains Broker Entity Rating of Aba Ali Habib Securities (Private) Limited appeared first on Business News Pakistan.

Lahore, March 15, 2023 (PPI-OT): Ever since the pandemic of Covid-19, the hotel sector has been under pressure. The relief provided by the regulator furnished much-needed respite to the players. While occupancy level became a challenge, the cost of doing business witnessed a constant rise. The aforementioned financial relief helped the company in avoiding immediate...

The post PACRA Revises Entity Ratings of Pakistan Services Limited – Negative Outlook – RW appeared first on Business News Pakistan.

Lahore, March 15, 2023 (PPI-OT): Ever since the pandemic of Covid-19, the hotel sector has been under pressure. The relief provided by the regulator furnished much-needed respite to the players. While occupancy level became a challenge, the cost of doing business witnessed a constant rise. In full cognizance of the situation, the company was pursuing...

The post PACRA Revises the Rating of Pakistan Services Limited – Sukuk – Mar-18 appeared first on Business News Pakistan.

Lahore, March 15, 2023 (PPI-OT): Fauji Cement Company Limited (FCCL) ratings upgrade are derived from its association with Fauji Foundation along with its improved market position, financial and operational performance, cost optimization measures and synergies attained from merger of Askari Cement Limited with and into FCCL in July 2021. The cement industry capacity utilization in...

The post PACRA Upgrades Entity Ratings of Fauji Cement Company Limited appeared first on Business News Pakistan.