Aqaseem Maintains “BBB-” Credit Rating with Stable Outlook

Aqaseem Factory for Chemicals and Plastics Co. announced on Thursday that it maintained its long-term credit rating of “BBB-” with a “stable” outlook from Financial Analytics Company (RATING).

According to a statement published on the Saudi Stock Exchange (Tadawul), the “BBB-” rating reflects adequate creditworthiness and a moderate level of credit risk. The stable outlook underscores confidence in the company’s financial position and the strength of its credit indicators, supporting its ability to meet future financing requirements.