Saakh Pharma assigned entity ratings

Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has
assigned initial long term entity rating of ‘BBB+’ (Triple B
Plus) and short term rating of ‘A-2’ (A-Two) to Saakh Pharma
Private Limited (SPPL). Long term rating of BBB+ signifies adequate
credit quality with protection factors being reasonable and
sufficient while risk factors are considered variable.Short term
rating of A-2 signifies good certainty of timely payment and sound
liquidity factors. Outlook on the assigned ratings is ‘Stable’.
Source: FS – All-News2-Economy
Saakh Pharma assigned entity ratings