JAKARTA. Pemeringkat Efek Indonesia (Pefindo) confirmed its "idA-"rating for PT Surya Semesta Internusa Tbk (SSIA)'s Shelf Registration Bonds I Phase I/ 2016 Series A, with a total value of Rp 510 billion that will mature soon.
According to an official statement received by idnfinancials.com, Pefindo assessed SSIA's commitment in paying off the bonds was quite strong. "The long-term financial commitment to the debt securities compared to other obligors in Indonesia is strong," explained Pefindo.
Nonetheless, Pefindo affirms that the negative (-) notation given, illustrates that it ranks below the average of other obligors in one business category. "The obligor's ability may be a bad change in economic conditions and conditions," said Pefindo.
At the end of the first quarter of this year, SSIA suffered a loss of Rp 10.9 billion, even though sales in this period were recorded at Rp 70.8 billion. (KR/AR)