Rice Industry Overview and Outlook

RICE | LOCAL INDUSTRY Rating Curve 4 3 2 1 0 AAA AA+ AA AA- A+ A A- BBB+ BBB BBB- BB+ BB BB- B+ B B- -PACRA 0 0 0 0 0 0 1 0 4 1 1 0 0 0 0 0 -VIS 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 PACRA - Rating bandwidth for Rice Sector ranges from BB+ to A with major chunk in the BBB category. Ratings are a reflection of the financial performance as well as the qualitative aspects of the individual entities. Source: PACRA database 23 223

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