| 2021 | January | 17

  • JS Securities Limited – JS Research (September 17, 2021)

    Karachi, September 17, 2021 (PPI-OT): Pakistan Rupee likely to take pressure for remaining FY22; expect status quo in the upcoming MPS We expect Rs to lose 5% more till Jun’22 despite losing 10% from its recent high as external pressures continue to emerge from rising imports, increasing freight costs from port congestion, Afghanistan demand after…

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  • Rich nations preferring cosmetic measures amid health emergency

    Islamabad, September 17, 2021 (PPI-OT):Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Friday said coronavirus has damaged the global economy and now IMF and other international institutions are bent upon destroying developing countries through their negative policies. Poor countries are facing healthcare crisis, falling exports, high commodity prices,…

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  • PACRA Assigns Initial Entity Ratings to Punjab Feeds Limited

    Lahore, September 17, 2021 (PPI-OT):Globally, the poultry feed production stood at 1.2bln MT in 2020, up by 1% from 2019. Pakistan’s annual poultry feed production is around ~3.5mln MT, with ~150 registered feed mills and ~200 unregistered feed mills catering to it. The industry generates an annual turnover of ~PKR 396bln (Jun-20). At the beginning…

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  • PACRA Assigns Initial Entity Ratings to Berger Paints Pakistan Limited

    Lahore, September 17, 2021 (PPI-OT):The ratings reflect Berger’s established position and strong brand in the premium domestic paint market of the country. The ratings incorporate a strong governance framework and an experienced management team leading to effective controls. The Company’s revenue stream is well diversified with retail, non-retail and allied business segments. The paint industry…

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  • PACRA Maintains Entity Ratings of Islamabad Feeds (Private) Limited

    Lahore, September 17, 2021 (PPI-OT):Globally, the poultry feed production stood at 1.2bln MT in 2020, up by 1% from 2019. Pakistan’s annual poultry feed production is around ~3.5mln MT, with ~150 registered feed mills and ~200 unregistered feed mills catering to it. The industry generates an annual turnover of ~PKR 396bln (Jun-20). At the beginning…

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