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VIS reaffirms entity rating of the Crescent Textile Mills Ltd
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VIS reaffirms entity rating of the Crescent Textile Mills Ltd
May 26 2025 (MLN): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of The Crescent Textile Mills Limited (PSX: CRTM) to 'A-/A2' (‘A Minus/A Two’). Medium to long term rating of 'A-' indicates good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy. Short term rating of 'A2' indicates good likelihood of timely repayment of short-term obligations with sound short-te…
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