Dawood Equities Limited's Ratings Revised To Double B-/A-3
Fahad Shabbir (@FahadShabbir) Published June 23, 2017 | 06:50 PM
KARACHI, (UrduPoint / Pakistan Point News - 23rd Jun, 2017 ) : JCR-VIS Credit Rating Company Limited has revised the entity ratings of Dawood Equities Limited from double B plus/A-3 double B minus /A-3.
The outlook on the assigned ratings is stable.
The previous rating action was announced on December 15, 2015 says press release here on Friday. The assigned ratings incorporate investment in profitability of the company largely on the back of a one time capital gain on the sale of pakistan stock exchange shares.
Related Topics
Recent Stories
IHC adjourns PTI founder, Qureshi's appeal till Thursday
CDWP recommends 3 projects to ECNEC for approval
Tarar assures APNS to resolve issues of newspaper industry
Pakistan urged to capitalize on economic stability, for Tobacco Tax Reforms
N. Macedonia polls set to upend ties with EU neighbours
Croatia's ruling party reaches coalition deal with right wing
Bayern coach Tuchel makes three changes for Madrid showdown
Olympic flame arrives on French soil for Paris Games
Punjab Finance Minister announces expansion of Social Protection Authority's man ..
Kenya inks deal to end doctors' strike
Brazil flooding death toll reaches 100
Lebanon security source says five killed in Israeli strikes on south
More Stories From Business
-
CDWP recommends 3 projects to ECNEC for approval
2 hours ago -
Pakistan urged to capitalize on economic stability, for Tobacco Tax Reforms
2 hours ago -
Punjab Finance Minister announces expansion of Social Protection Authority's mandate
2 hours ago -
Delegation of dairy industry called on Finance Minister
3 hours ago -
Uzbek FM to deliberate matters of bilateral interest, trade augmentation
3 hours ago -
Pakistani fishing industry attracts Chinese investors: PCJCCI
4 hours ago
-
LCCI, PVTC to make joint efforts to bridge skill gap in industrial sector
4 hours ago -
French ambassador meets Finance minister
4 hours ago -
Wheat purchase record registered properly; growers being paid within 24 hours
4 hours ago -
Govt ensuring one stop solution to industrialists: Ikramullah Dharejo
4 hours ago -
Pak-Qatar Family Takaful achieves Rs156.3 turnover in 2023
4 hours ago -
First phase of Tajir Dost Scheme limited to only registration: FBR
5 hours ago