Three companies have completed credit ratings

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Three companies have completed credit ratings

Credit rating of three companies listed in the capital market has been completed. This information is known from the sources of Dhaka Stock Exchange. The companies are – BDCOM Online Limited, GQ Ballpen Industries Limited and Energypack Power Generation Limited.

According to sources, BDCom Online’s credit rating has been assessed by Emerging Credit Rating Limited. The company has long-term ‘AA’ and short-term ‘ST-2’ ratings. This rating has been determined based on the company’s audited and ancillary data for the first quarter of the current year as on June 30, 2024.

GQ Ballpen’s credit rating is determined by Credit Rating Information and Services Limited. The company is rated ‘BBB-‘ for long term and ‘ST-4’ for short term. The rating is based on the company’s audited financial statements as on June 30, 2024 and unaudited financial statements as on September 30, 2024 and other relevant quantitative and qualitative data.

Besides, the credit rating of Energypack Power has been determined by Bangladesh Credit Rating Agency Limited. The company is rated ‘BBB-‘ for long term and ‘ST-4’ for short term. The rating is based on the company’s audited financial statements as on June 30, 2023, unaudited as on June 30, 2024, unaudited financial statements as on September 30, 2024 and other relevant quantitative and qualitative data.

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