Dawood Equities Limited's Ratings Revised To Double B-/A-3

Fahad Shabbir (@FahadShabbir) Published June 23, 2017 | 06:50 PM

Dawood Equities Limited's ratings revised to double B-/A-3

KARACHI, (UrduPoint / Pakistan Point News - 23rd Jun, 2017 ) : JCR-VIS Credit Rating Company Limited has revised the entity ratings of Dawood Equities Limited from double B plus/A-3 double B minus /A-3.

The outlook on the assigned ratings is stable.

The previous rating action was announced on December 15, 2015 says press release here on Friday. The assigned ratings incorporate investment in profitability of the company largely on the back of a one time capital gain on the sale of pakistan stock exchange shares.

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