Press Release

VIS Withdraws Entity Ratings of Hantex

Karachi, April 3, 2023: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BB+/B’ (Double B Plus/B) assigned to Hantex, with immediate effect, due to non-renewal of contract. Previous rating action was announced on November 17, 2022.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 206) or the undersigned (Ext. 106) at 021-35311861-4 or email at info@vis.com.pk








Muhammad Bilal Aftab
Director

Applicable rating criteria: Industrial Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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