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VIS reaffirms entity ratings of Engro Powergen Qadirpur with stable outlook D_Trends

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VIS reaffirms entity ratings of Engro Powergen Qadirpur with stable outlook D_Trends

VIS Credit Rating Company Limited has maintained the entity ratings of Engro Powergen Qadirpur Limited (EPQL) at ‘AA-/A-1’, signifying high credit quality with low business risk, according to a press release.   While the long-term rating of ‘AA-’ indicates a strong capacity for timely debt repayment, the short-term rating of ‘A-1’ highlights the company’s ability to … Read more

China’s machinery industry sees stable performance, new momentum in H1 Dtrends

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China’s machinery industry sees stable performance, new momentum in H1 Dtrends

BEIJING: China’s machinery industry performed well in the first half of the year (H1), while its intelligent and green initiatives gained traction, the China Machinery Industry Federation (CMIF) said on Wednesday. In the first six months, essential products such as automobiles and electrical equipment grew at a rapid pace, according to the federation. During the … Read more