Premier Cement Mills has secured a long-term ‘AA’ credit rating and a short-term ‘ST-2’ rating from Credit Rating Information and Services Limited (CRISL), reflecting strong financial stability and repayment capacity, the company said in a press release.
The ‘AA’ rating indicates a very strong ability to meet financial obligations, with high credit quality, stable operations and relatively low long-term default risk, while remaining one notch below the highest ‘AAA’.
The ‘ST-2’ rating suggests good capacity to meet short-term liabilities and is considered safe and acceptable, though below the top ‘ST-1’ grade.
CRISL conducted the assessment based on audited financial statements up to 30 June 2025 and unaudited data up to 31 December 2025.
The evaluation covered revenue and expenditure patterns, cash flow, debt levels, asset structure and overall financial performance.
It also considered qualitative factors including management efficiency, market positioning, industry trends, competitive dynamics, raw material availability and the broader economic environment.
The rating was disclosed through the Dhaka Stock Exchange, providing a reference for investors and market participants.
The assessment is expected to support investor confidence and improve access to financing, though investors should also consider other financial indicators and prevailing market conditions.
