VIS Maintains Ratings of Haleeb Foods Limited - Press Release issued by VIS Credit Rating Company Limited.
Karachi -- September 29, 2022 (PPI-OT)
Following is the text of press release issued by VIS Credit Rating Company Limited
Quote
VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Haleeb Foods Limited (HFL) at 'A-/A-2' (Single A-Minus/A-Two). The medium to long-term rating of 'A-' signifies good credit quality with strong protection factors. Moreover, risk factors may vary with possible changes in economy. The short-term rating of 'A-2' denotes good certainty of timely payments coupled with sound liquidity and company fundamentals. Outlook on the assigned ratings is revised from 'Negative' to 'Stable'. The previous...
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