PACRA Maintains Entity Ratings of Berger Paints Pakistan Limited

Lahore, November 07, 2019 (PPI-OT): The ratings reflect Berger’s established position and brand recognition in the premium domestic paint market of the country. The ratings incorporate strong governance framework and experienced management team along with effective control framework. The revenue of the company has declined due to relative slowdown in overall construction and related activities. […]

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PACRA Maintains Debt Instrument Rating of AGP Limited – Sukuk – Jun-17

Lahore, November 07, 2019 (PPI-OT): The ratings reflect AGP’s established market position and long track record in the pharmaceutical industry. The pharmaceutical industry has witnessed a high rate of sustained growth over the years. Cost-efficiencies as well as demand inelasticity benefits the industry players. The latest price revision, and CPI-linked pricing criteria recently implemented, has […]

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K-Electric reaffirms commitment towards Karachi with USD 3 billion investment

Karachi, November 07, 2019 (PPI-OT): K-Electric is committed towards Karachi and its growth with an investment of USD 3 billion over the next four years across the value chain. This was stated by Aamir Ghaziani, Chief Financial Officer of KE at the Corporate Analyst Briefing session held at the Pakistan Stock Exchange (PSX) today. Moonis […]

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PACRA Maintains Entity Ratings of Pharmagen Limited

Lahore, November 07, 2019 (PPI-OT): The ratings reflect strong positioning of Pharmagen Limited in its respective market. The pharmaceutical industry has witnessed a high rate of sustained growth over the years. Cost-efficiencies as well as demand in-elasticity are benefiting the industry players. The new CPI-linked pricing criteria has allowed an increase in prices with respect […]

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PACRA Maintains Entity Ratings of Noon Sugar Mills Limited

Lahore, November 07, 2019 (PPI-OT): The ratings reflect Noon Sugar Mills Limited’s diverse revenue stream, which comprises the sale of sugar and ensuing by-products, electricity and ethanol. The margins in the sugar industry have been depressed lately. However, a reduced sugarcane crop during MY19, resulting in inflated sugar prices, benefited industry players. The Company has […]

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VIS Reaffirms Entity Ratings of Sheikhoo Sugar Mills Limited

Karachi, November 07, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhoo Sugar Mills Limited (SSML) at ‘A-/A-2’ (Single A-Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality with adequate protection factors. Moreover, the risk factors may vary with possible changes in economy. The short-term rating […]

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Deliver Spectacular Images at Short Distance with Panasonic’s New Zero-Offset Lenses

Dubai, November 07, 2019 (PPI-OT): Panasonic Marketing Middle East and Africa (PMMAF) has announced the introduction of a new range of zero-offset lenses designed to further enhance the versatility of Panasonic’s 1-Chip and 3-Chip DLP projectors. The new releases include the ET-DLE020 ultra-short throw (UST) lens, the world’s first featuring Powered Optical Zoom, designed to […]

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