During the period, the Company’s credit rating from Standard & Poor’s, Moody’s and Fitch maintained at “BBB+”, “Baa1” and “BBB+” respectively, with a “stable” outlook. This reaffirms our solid business foundation and robust financial position, showcasing our resilience.
Corporate rating : BBB+
Outlook : Stable
Standard & Poor's
An obligation rated "BBB" exhibits adequate protection parameters, indicating that the obligor typically has stable income and cash flow, which can support their debt repayment obligations. It also suggests that the obligor's business operations are relatively mature, with a certain level of market competitiveness and profitability.
Corporate rating : Baa1
Outlook : Stable
Moody's
An obligation rated "Baa1" indicates that the obligor has investment-grade credit quality, meaning the obligor has ample capacity to pay interest and repay principal. This rating reflects that the credit risk of the obligor is relatively low, and while there is a risk of default, it is not high
Corporate rating : BBB+
Outlook : Stable
Fitch Ratings
A company with a BBB+ credit rating has demonstrated a positive financial condition and stable debt repayment ability in the capital market. This rating reflects the company's robust cash flow, mature business model, and low risk of default.
