Lahore, March 30, 2023 (PPI-OT): The ratings reflect Sargodha Jute Mills Limited’s (“the Company” or “SJML”) prominent business profile in the jute industry of Pakistan emanating from considerable market share and wide-ranging final product utility. The core strength of the Company lies
Lahore, March 30, 2023 (PPI-OT): Masood Fabric Limited (‘Masood Fabric’ or ‘The Company’) is a public unlisted limited company. The Company is principally engaged in the manufacture of yarn and greige fabric, primarily catering to the home textile market. The Company maintains
Lahore, March 29, 2023 (PPI-OT): The rating reflects strong risk profile of the Alfalah GHP Cash Fund’s (or the “Fund”). The Fund’s good credit quality and sound liquidity profile emanate primarily from its mandate to invest in Government Securities and in bank
Lahore, March 29, 2023 (PPI-OT): The ratings reflect the parentage and association of the bank with a financial institution and ultimately with a sub-sovereign. The bank has a conservative risk appetite. With the changing market conditions, the asset infection ratio stood at
Lahore, March 29, 2023 (PPI-OT): Gharibwal Cement (the Company) has annual production capacity of 2.1mln tons. The Company has been conducting its business by selling cement to the localities located in close vicinity to the plant located in Ismail Wal District Chakwal.
Lahore, March 29, 2023 (PPI-OT): H.A.R Fibres (Pvt) Limited reflects the adequate positioning of the company in the textile spinning industry. The company deals in the manufacturing of carded yarn of three blends: Cotton, Polyester cotton and Viscose (Coarse (1s –20s). The
Lahore, March 29, 2023 (PPI-OT): UBL Cash Fund (or the Fund) is a low risk profile Fund. The assigned rating reflects the strength of the Fund’s credit and interest rate risk profile. The Fund had allocated ~57.6% in T-Bills, ~17.9% in bank