Name Date Rating Type Long Term Short Term Outlook Action
LSE Financial Services Limited 12/12/2018 Entity A    A-1 Stable Upgrade
Tahir Omer Industries Limited 12/11/2018 Entity A-    A-2 Stable Initial
Gujranwala Food Industries (Pvt) Ltd 12/10/2018 Entity BBB-    A-3 Stable Initial
Integrated Equities Limited (Formerly: Integrated Equities Private Limited) 12/7/2018 BMR BMR3++    Stable Reaffirmed
Dubai Islamic Bank Pakistan Ltd 12/7/2018 Sukuk 2 A    Stable Preliminary
Pearl Securities Limited 12/6/2018 Entity BBB-    A-3 Negative Downgrade
Novatex Limited 12/5/2018 Entity AA-    A-1 Positive Maintained
Superhighway Construction Operation and Rehabilitation Engineering (Pvt.) Limited 11/30/2018 Entity AA-    A-1 Stable Reaffirmed
K-Electric Limited (Formerly: Karachi Electric Supply Company Limited) 11/29/2018 CP    A-1 Final
Mima Leather (Pvt) Ltd. 11/28/2018 Entity BB+    A-3 Negative Downgrade
Rating Process
In order to provide independent evaluations of their credit-worthiness or the credit risk of their debt issue, an entity may choose to have a credit rating assigned to themselves. A step-by-step process is followed to fully assess the issuer’s credit quality and arrive at a rating.Read More
Understanding Ratings
A credit rating is an assessment of the ability and willingness of an entity to fulfill its financial commitments. It is a measure of the credit worthiness of an issuer and can be used by investors to help make investment decisions when comparing different issuers and debt issues.