GSCPLGeorgia Strait Crossing Pipeline Limited
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
GSCPL is engaged in the business of cut and polished diamonds and studded jewellery.
The rating reaffirmation takes into account GSCPL's highly leveraged capital structure resulting from the high working capital intensity of its operations, its low profitability and low cash accruals as well as the fragmented and highly competitive nature of the cut and polished diamond industry which is expected to continue to exert pressure on the company's margins.
The rating, however, favourably factors in the vast experience of GSCPL's promoters in the cut and polished diamond business.