Tag: PACRA

Lahore, January 03, 2022 (PPI-OT): China Power Hub Generation Company Private Limited (CPHGC) is a coal based 1320MW power plant and jetty (Complex), set up by State Power Investment Corporation (SPIC), one of the top Five State-owned Power Corporations in China along with Hub Power Company of Pakistan. The financial strength and experience in the energy chain of the sponsoring companies – CPIH and HUBCO reflecRead More…

Lahore, December 14, 2021 (PPI-OT): The ratings reflects the Company’s association with Mega and Forbes Group of Companies, an established group with presence in energy, cement, shipping, logistics, real estate development and food sectors. Mega Conglomerate (Pvt.) Limited (Mega) operates under a holding company structure with an aim to acquire and consolidate some of the group’s investments in energy, reRead More…

Lahore, December 14, 2021 (PPI-OT): The ratings take into account JS Global Capital Limited’s (“JSGCL” or “The Company”) established position as the top-tier brokerage house of the industry. The ratings incorporate the stable and sizeable market share, established brand name and a sound operating platform. The ratings also incorporate the strong sponsor profile, zero leveraged capital structure and well manRead More…

Lahore, December 14, 2021 (PPI-OT): The rating reflects JS Global Capital Limited’s (“JSGCL” or “The Company”) leading position in the brokerage industry and carries the legacy of stock brokerage business. The rating incorporates the stable market share, competitive position, automated technological framework and exclusive outreach to retail segment. JSGCL has a well experienced management tRead More…

Lahore, December 14, 2021 (PPI-OT): Khaadi is a distinct player in the retail fashion industry. With over two decades of history, reflecting growth and expansion, Khaadi has built strong brand equity. It has become synonymous with innovation and quality while ensuring affordability for its target customer base. The basket of the products offered and the topline size and growth supplement this assertion. The business Read More…

Lahore, December 13, 2021 (PPI-OT): Pakistan’s edible oil industry is heavily reliant on imports since oilseeds account for ~80% of the cost of production. Edible oil is the country’s 2nd largest import after petroleum. Pakistan’s total oil and fats consumption is ~ 5 million metric tons per annum and its per capita consumption is ~22 kg. Consumption is met by 70% (~3.3 MMT) of edible oil import. The remainRead More…

Lahore, December 13, 2021 (PPI-OT): The ratings incorporate PARCO’s unique ownership structure – by the Government of Pakistan (GoP) (60%) and the Emirate of Abu Dhabi (EAD) (40%) along with its strategic importance to economy through operations extended to, transportation of petroleum products through integrated Pipelines, Refining, and Marketing, providing efficient, low-cost, and environment-friendly eRead More…

Lahore, December 13, 2021 (PPI-OT): The rating reflects the holding company character of Hubco with an exclusive focus on the different dimension of the energy sector. In addition to the investment book, Hubco itself is a large RFO based power plant. Hubco aims to expand generation capacity to boost the country’s power generation by utilizing Pakistan’s indigenous natural resources. China Power Hub GeneraRead More…

Lahore, December 13, 2021 (PPI-OT): The ratings reflect Ismail Industries Limited’s (‘Ismail Industries’ or ‘the Company’) strong presence in confectionery, biscuits and plastic film manufacturing through established brands (Candyland, Bisconni, Snackcity and Astro Films). Growing middle class, coupled with timely capacity enhancements, have led to significant growth in revenues of the Company in thRead More…

Lahore, October 13, 2021 (PPI-OT): Habib Construction Services Limited has been in the construction industry for many decades. Company has delivered multiple, public and government projects of which the completion spanned a number of years. The Company mostly undertake large infrastructure projects in collaboration with different JV partners including Chinese and Japanese. Realization of disputed claims of ~PKR 3.6blRead More…