Aqaseem keeps ‘BBB-’ rating with stable outlook from RATING

24/04/2025 Argaam
Logo ofAqaseem Factory for Chemicals and Plastics Co.

Logo of Aqaseem Factory for Chemicals and Plastics Co.


Aqaseem Factory for Chemicals and Plastics Co. said it maintained its long-term credit rating at “BBB-” with a “Stable” outlook from Financial Analytics Co. (RATING), according to a statement to Tadawul.

 

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The company said the rating reflects adequate creditworthiness and a moderate level of credit risk.

 

It added that the rating highlights a positive outlook for its business, supported by a strong financial standing and solid credit indicators that support its ability to meet future funding needs.

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