Press Release

Entity Ratings of Chakwal Textile Mills Limited

Karachi, September 1, 2021: VIS Credit Rating Company Ltd. (VIS) has restored the entity ratings of ‘BBB-/A-2’ (Triple B minus /Single A-Two) previously assigned to Chakwal Textile Mills Limited (DTML) on April 02, 2021, after renewal of rating contract. The outlook on the assigned ratings is ‘Stable’. The ratings were suspended on August 10, 2021.

For further information on this rating announcement, please contact Ms. Asfia Aziz or the undersigned (Ext: 306) at (021) 35311861-66 or email at info@vis.com.pk.







Faryal Ahmad Faheem
Deputy CEO

Applicable Rating Criteria: Industrial Corporates (May 2019)
http://vis.com.pk/kc-meth.aspx

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