VIS reaffirms ratings of J.K. Spinning Mills Limited at A-

MG News | August 13, 2025 at 01:18 PM GMT+05:00

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August 13, 2025 (MLN): VIS Credit Rating Company Limited has reaffirmed the long-term and short-term entity ratings of J.K. Spinning Mills Limited (PSX: JKSM) at A- and A1, respectively, with a stable outlook.

The rating agency cited JKSM’s vertically integrated operations, consistent topline growth, and adequate capacity utilization as key factors supporting the ratings, the company's filing on PSX revealed today.

VIS also highlighted the company’s conservative capital structure, sufficient liquidity buffers, reliable debt servicing capacity, and its export-oriented sales strategy.

JKSM is engaged in the production of fine yarn, fabric, and home textile made-ups. Its operations span spinning, weaving, and other related activities, with the head office and manufacturing facilities located in Faisalabad.

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