Martin Dow Limited has had its credit rating raised by The Pakistan Credit Rating Agency Limited to A+ for the long term and A1 for the short term, with a stable outlook. The upgrade reflects the company’s stronger financial position, improved governance, and consistent ability to meet its obligations, and comes as the firm outlines plans to expand its product portfolio and pursue export opportunities.
PACRA cited Martin Dow’s strengthened financial profile and robust governance framework as key factors behind the upgrade, noting the company’s resilience in navigating industry challenges while maintaining steady growth and stability. The revised ratings signal confidence in the firm’s capacity to sustain its business and financial commitments.
Abdul Samad Haroon, Group Chief Financial Officer, said the upgrade reaffirms the high standards the company maintains and strengthens its resolve to pursue responsible growth. He emphasized Martin Dow’s commitment to delivering healthcare solutions that enhance well-being in Pakistan and other markets.
Looking ahead, Martin Dow plans to broaden its product offerings through new launches and to actively pursue opportunities in export markets. Management says these initiatives are expected to bolster the company’s growth prospects and further its contribution to advancing healthcare regionally and beyond.
