Moody's: KDHC's nine-month results are in line with expectations
Hong Kong, November 07, 2016-- Moody's Investors Service says that Korea District Heating Corporation's improved operating results for the first nine months of 2016 were within expectation and support the company's A1 issuer rating and stable outlook. "KDHC's improved operating profits demonstrate reduced volatility in its overall operating cash flows," says Mic Kang, a Moody's Vice President and Senior Analyst. "Stronger results from its core regulated district heating...
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