Lahore, Earnings projections for several major cement companies in Pakistan suggest a broad decline in the third quarter of the fiscal year 2024 (3QFY24), primarily due to lower dispatches and other factors impacting margins and profitability.According…

Islamabad, Pakistan’s economy marked a substantial achievement in March 2024, registering a current account surplus of US$619 million, its highest in eight years and one of the top three monthly balances in the last two decades.According to JS Global, …

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Salman Paper Products Private Limited (SPPPL), a prominent importer and trader in the paper and board industry. The ratings reflect the company’s robust sales mod…

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained its broker fiduciary rating for Alfalah CLSA Securities (Pvt.) Limited (ACLSA) but assigned a rating watch due to concerns over the company’s internal controls and debt collectio…

Karachi, Alfalah CLSA Securities (Pvt) Limited (ACLSA), a venture between Asia’s leading brokerage and investment group CLSA and Bank Alfalah Limited, has been assigned a rating watch by The Pakistan Credit Rating Agency Limited (PACRA). This decision …

Karachi, JS Global Capital Limited released its latest analysis of the Pakistan Stock Exchange (PSX), noting a significant upswing with the KSE100 index gaining 524 points to close at 71,433. This upward momentum was broad-based, with substantial gains…

Karachi, Pakistan International Airlines Corp (PIAA) has moved closer to privatization following a decisive Extraordinary General Meeting (EOGM) that approved the company’s restructuring into two distinct segments. This reorganization is integral to th…

Islamabad, Engro Polymer Chemical Limited (EPCL) conducted a corporate briefing to discuss its financial performance for the first quarter of 2024, revealing a loss after tax of Rs 900 million. This downturn contrasts with the profit reported in both t…

Karachi, In a significant financial update, VIS Credit Rating Company Limited has upgraded the entity ratings of Transsion Tecno Electronics (Pvt) Limited (TTEPL) to ‘A-/A-2’ from ‘BBB+/A-2’, reflecting improved credit quality and stable economic condi…

Islamabad, Fauji Cement Company Ltd (FCCL) and DG Khan Cement Company Ltd (DGKC) are set to disclose mixed financial results for the third quarter of fiscal year 2024. FCCL is expected to see a decline in earnings due to increased depreciation expenses…