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
Maple Leaf Cement Factory Ltd 10/11/2024 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
First National Equities Limited 10/10/2024 BFR
BFR3+ Good fiduciary standards
Rating Watch - Developing Maintained
NASDA Green Energy Limited 10/10/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
K-Electric Limited 10/10/2024 STS-27
A-1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Final
Javedan Corporation Ltd. 10/9/2024 Sukuk 1
AA- High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
Stable Reaffirmed
Javedan Corporation Ltd. 10/9/2024 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
Sapphire Textile Mills Limited 10/7/2024 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
Growth Securities (Pvt) Limited 10/7/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Maintained
Taurus Securities Limited 10/4/2024 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Maintained
Al-Ghazi Tractors Ltd. 10/3/2024 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed