Moody's: KCC's 2016 results in line with its Baa2 rating
Hong Kong, February 03, 2017-- Moody's Investors Service says that KCC Corporation's operating results for 2016 were generally in line with the company's Baa2 issuer rating and stable outlook. "KCC's operating performance and financial leverage improved in 2016 and its sizable non-core investment assets continue to provide financial buffers," says Wan Hee Yoo, a Moody's Vice President and Senior Analyst. According to the company's announcement on 2 February 2017, KCC's...KCC manufactures and produces cement; building materials such as roof, ceiling, flooring, insulation and window profile; and industrial materials such as glass, ceramic and marine coating. Co. is also engaged in the manufacture of products including construction materials, glass; cement corrugated sheet; decorated corrugated cement sheet; glass wool mat and board and pipe cover.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.