2 companies credit ratings completed

Credit rating of listed companies KDS Accessories and Midas Finance Limited has been completed.

This information is known from DSE sources.

Credit Information and Services Limited (CRISL) of KDS Accessories has been rated “AA-” for long term and “ST-2” for short term. This rating is determined based on the company’s audited financial statements as on June 30, 2023.

Midas Finance’s Credit Alpha Credit Rating Limited (Alpha Rating) has long term rating of “A” and short term rating of “ST-2”. This rating is based on the company’s audited financial statements as on December 31, 2022.

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