China Chengxin International Credit Rating Co.Ltd CCXI:    Press Release    |    COUNTRY RISK REPORT ALONG THE BELT AND ROAD (2022)


Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Unity Foods Limited 2/13/2025 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Negative Reaffirmed
Citi Pharma Limited 2/13/2025 STS
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Final
Aspin Pharma (Pvt) Limited 2/13/2025 STS
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Final
Sazgar Engineering Works Limited 2/12/2025 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Positive Upgrade
Globe Residency - REIT 2/12/2025 REIT Rating
RFR2(dr) Successful implementation of REIT project is very likely. Risk factors impacting value of REIT assets are modest over the foreseeable future.
Stable Reaffirmed
Jubilee Life Insurance Company Limited 2/10/2025 IFS
AA++ (IFS) Very Strong.Very Strong capacity to meet policy holders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small.
Stable Reaffirmed
Next Capital Limited 2/10/2025 BMR
BMR2++ Sound regulatory compliance, control environment, and financial management; governance and risk management frameworks are effective; HR, IT, and customer services are proactive.
Stable Reaffirmed
Dolmen (Pvt) Limited 2/10/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
TS Securities (Pvt) Limited 2/10/2025 BFR
BFR3 Good fiduciary standards
Stable Initial
Millac Food (Pvt) Limited 2/6/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Initial