Energocapital IC's Reliability Rating Affirmed at 'AA-'
OREANDA-NEWS. National Rating Agency has affirmed its 'AA-' reliability rating on Energocapital Investment Company CJSC.
The rating affirmation is driven by Energocapital IC's growing total turnover, stable market position, well-developed and diversified customer base and good equity adequacy and liquidity metrics. We note the company's considerable stock market experience, highly professional senior management and the owner's commitment to develop the business.
Offsetting these strengths are the company's modest profitability, which weakened even further during the year under the impact of the current economic situation among other things.
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