VIS reaffirms Faisal Spinning Mills Limited entity ratings at A/A1 with stable outlook
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.





