On March 31st, 2023, FiinRatings announced that it has assigned a first-time Long-term Issuer Credit Rating 'BB' to Camimex Group Joint Stock Company (“CMX”) with the Outlook: Stable.
The Stable outlook reflects FiinRatings' expectation that CMX's credit rating would be maintained in the next 12 months. FiinRatings' Stable' outlook on CMX also demonstrates (i) CMX's long-standing experiences in the aquaculture industry and (ii) CMX’s advantages in organic shrimp products, and is the first company in Vietnam to deploy organic shrimp since 2000.
Read the full rating announcement HERE.
Notice: Credit-related and other analyses, including ratings, and statements in the Content are statements of opinion as of the date they are expressed and not statements of fact. FiinRatings’ opinions, analyses, and rating acknowledgment decisions are not recommendations to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security.