FLASHNEWS:

VIS Ends Ratings for Frontier Ceramics Due to Contract Non-Renewal

Karachi, VIS Credit Rating Company Limited (VIS) has terminated the entity ratings for Frontier Ceramics Limited as of today, due to the company's decision not to renew its rating contract. This move follows the previous rating action taken on September 8, 2023.

According to VIS Credit Rating Company Limited, the withdrawal of the ratings occurs immediately and is a direct result of the non-renewal of the contract by Frontier Ceramics. The ratings, which assess creditworthiness and financial strength, will no longer be updated or published for Frontier Ceramics by VIS.