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VIS Credit Rating Company Limited reaffirmed Faisal Spinning Mills Limited’s entity ratings at A/A1 (Single A/Single A One) with a Stable outlook. The agency cited the company’s established market presence and improving profitability, but noted continued pressure from thin margins, weak cash generation, elevated leverage, and weak debt coverage metrics.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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