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Thursday, February 25th, 2021
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Tag Archives: PACRA

PACRA Upgrades Entity Ratings of Ibrahim Fibres Limited

Lahore, February 10, 2020 (PPI-OT): The ratings reflect Ibrahim Fibres’ long time leading position in the local polyester staple fibre (PSF) industry. Imposition of anti-dumping duty on PSF imported from China since Feb-16 has supported volumetric growth and margins and …

PACRA Maintains Asset Manager Rating of AKD Investment Management Limited

Lahore, February 10, 2020 (PPI-OT): The rating incorporates the Company’s strong corporate governance structure, experienced management team and recognized name in Pakistan capital market. However, the rating is constrained by relatively small market share ((less than) 1%) and high concentration …

PACRA Maintains Entity Ratings of Pakistan Synthetics Limited

Lahore, February 10, 2020 (PPI-OT): Pakistan’s PET packaging industry derives its demand from the country’s beverage industry, which has been negatively impacted due to the reduced purchasing power of end consumers. This, in turn, has reduced the demand for the …