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Saturday, May 26th, 2018
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Category Archives: General

Engro Foods Sukkur Wins ‘Golden Quality Certificate’ by Royal Friesland Campina

Karachi, May 07, 2018 (PPI-OT): Royal Friesland Campina (RFC) – the parent company of Engro Foods Limited (EFL), awarded the Sukkur plant the ‘Golden Quality Certificate’. The Golden Quality Certificate is awarded to production facilities and organizations which complete 365 …

Zong 4G Now Lets You Gift Bundles to Your Loved Ones

Islamabad, May 07, 2018 (PPI-OT): Zong 4G is always bringing unique packages, customized according to its customer’s needs, all the time. Its Free Whatsapp offer for instance, continues to be a popular one for the same reason. And now, the …

Ambassador of Netherland to Pakistan calls on Secretary Commerce Mohammad Younus Dagha

Islamabad, May 07, 2018 (PPI-OT): Ambassador of the Kingdom of Netherlands to Pakistan, Ardi Stoios-Braken called on the Federal Secretary Commerce, Mohammad Younus Dagha today in Islamabad. Secretary Commerce welcomed the ambassador and said that Pakistan and Netherlands enjoy friendly …

PACRA Maintains Entity Ratings of Pioneer Cement Limited

Islamabad, May 07, 2018 (PPI-OT): The ratings reflect Pioneer Cement’s healthy business profile supplemented by strong EBITDA margins and improved revenue stream. Pioneer Cement’s sales are majorly driven by local market fundamental – a factor of plant location whereby local …

PACRA Maintains Entity Rating of Bestway Cement Limited

Islamabad, May 07, 2018 (PPI-OT): Bestway Cement’s ratings reflect its market leading position in industry emanating from strong market share (~18%). The company has history of successful mergers, further fortified by cost-efficient operational framework, robust EBITDA margins and strong profitability. …

PACRA Maintains Entity Ratings of Shabbir Feed Mills (Pvt.) Limited

Islamabad, May 07, 2018 (PPI-OT): Among the largest agro based segments in Pakistan, poultry holds a prominent place. In Pakistan, formal feed manufacturing started in early 1960. With 350 poultry feed mills and home mixtures, country annually produces around 10 …

JCR-VIS Assigns Initial Entity Ratings to Artistic Denim Mills Limited

Karachi, May 07, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘A-/A-1’ (Single A Minus/A-One) to Artistic Denim Mills Limited (ADML). Outlook on the assigned ratings is ‘Stable’. ADML commenced operations in 1993 as …

PACRA Maintains Entity Ratings of Kohat Cement Company Limited

Lahore, May 04, 2018 (PPI-OT): Kohat Cement’s ratings reflect the market positioning – mid-tier (6% market share) cement player. The Company has cost-efficient operational framework reflected in robust EBITDA margins (leading position only in recent year) and strong profitability. The …