VIS Reaffirms Entity Rating of Union Apparel (Private) Limited - Press Release issued by VIS Credit Rating Company Limited.
Karachi -- January 18, 2023 (PPI-OT)
Following is the text of press release issued by VIS Credit Rating Company Limited
Quote
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity rating of Union Apparel (Private) Limited (UAPL) at 'A-/A-2' (Single A Minus/ A-Two). Long Term Rating of 'A-' reflects good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy. Short Term Rating of 'A-2' signifies good certainty of timely payment, liquidity factors and company fundamentals are sound...
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