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Sugar
Name
Date
Rating Type
Long Term
Short Term
Outlook
Action
Adam Sugar Mills Limited
6/12/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Al-Noor Sugar Mills Ltd.
8/23/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Negative
Maintained
Press Release
|
History
|
Rating Report
Alliance Sugar Mills (Pvt) Limited
2/7/2024
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Almoiz Industries Ltd
8/2/2023
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Ashraf Sugar Mills Limited
4/26/2024
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Chashma Sugar Mills Ltd
11/6/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Deharki Sugar Mills (Pvt) Limited
5/17/2023
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Etihad Sugar Mills Limited
2/21/2024
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Upgrade
Press Release
|
History
|
Rating Report
Faran Sugar Mills Limited
12/29/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Maintained
Press Release
|
History
|
Rating Report
Fatima Sugar Mills Limited
12/22/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Indus Sugar Mills Limited
12/7/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
JDW Sugar Mills Ltd
1/25/2024
STS
A-1
Final
Press Release
|
History
|
Rating Report
JDW Sugar Mills Ltd
3/4/2024
STS-2
A-1
Final
Press Release
|
History
|
Rating Report
JDW Sugar Mills Ltd
5/17/2023
Entity
A+
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
JK Sugar Mills (Pvt) Limited
4/27/2023
Entity
BBB
Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-2
Stable
Initial
Press Release
|
History
|
Rating Report
Madina Sugar Mills Limited
6/16/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
RYK Mills Limited
10/5/2023
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Positive
Maintained
Press Release
|
History
|
Rating Report
Shahmurad Sugar Mills Ltd
8/23/2023
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Upgrade
Press Release
|
History
|
Rating Report
Sheikhoo Sugar Mills Limited
6/20/2023
Entity
A-
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
Tariq Corporation Limited
2/19/2024
Entity
BBB
Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-3
Stable
Initial
Press Release
|
History
|
Rating Report
The Thal Industries Corporation Limited
8/22/2023
Entity
A
Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2
Positive
Maintained
Press Release
|
History
|
Rating Report
Two Star Industries (Pvt) Limited
11/17/2023
Entity
BBB+
Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-2
Stable
Reaffirmed
Press Release
|
History
|
Rating Report
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