VIS Credit Rating Company Withdraws Ratings of Waves Home Appliances Limited

Karachi, VIS Credit Rating Company Limited (VIS) has announced the withdrawal of its entity ratings for Waves Home Appliances Limited, previously known as Samin Textiles Limited. The decision for the withdrawal aligns with the company management's directive.

According to VIS Credit Rating Company Limited, the last rating action for Waves Home Appliances occurred on December 14, 2022. The company has not disclosed specific reasons for the withdrawal or details on the implications for Waves Home Appliances following this decision.