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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