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Title
Business Recorder [Pakistan's First Financial Daily]
Description
KARACHI (June 14, 2006): JCR-VIS Credit Rating Company Limited has reaffirmed the medium to long term entity rating of SME Leasing Limited (SLL) at 'BBB+' (Triple B Plus) with 'Stable' outlook. Short-term rating has also been reaffirmed at 'A-2' (A Two).
OVERVIEW (June 14, 2006): During the year under review, the company and its parent company made significant donation to earthquake victims of 8-10-2005. Wyeth USA, Wyeth Pakistan and its employees donated in the form of cash and kind (medicines etc) towards relief effort.
OVERVIEW (June 13, 2006): The annualised sales estimate of the company appears to be higher than previous 12-months actual sales figure. The coming year's outlook is that there would be enough raw material availability because of larger cotton crop.
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