3 companies credit ratings completed

Credit rating of three companies listed in the capital market has been completed. The three companies are: Nahee Aluminum, Janata Insurance and Monno Agro.

This information is known from DSE sources.

Among the companies, Nahee Aluminum and Janata Insurance have been rated by National Credit Ratings Limited and Monno Agro has been rated by Waso Credit Rating Company.

Nahi Aluminum has long-term rating of ‘A-‘ and short-term rating of ST-3. This rating is based on audited reports for the financial year up to 30 June 2023.

Janata Insurance has long term rating of ‘AAA’ and short term rating of ST-1. This rating is determined based on the audited financial statements for the year ended 31 December 2022.

Monno Agro has long term rating of ‘A-‘ and short term rating of ST-3. This rating is determined based on the audited financial report for the fiscal year ended 2023.

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