Emerging Credit Rating Limited (ECRL) has affirmed ST-2 short term credit rating to S.F. Textile Industries Limited. Although the concern does not have any long term investment facility, ECRL has affirmed an equivalent long term entity rating to A- (Pronounced as A minus) for S.F. Textile Industries Limited after scrutiny of the company’s financials. The outlook on the rating is Stable. The rating is based on the audited financial statement of FY2019, FY2021-2022, unaudited financial statement of FY2020 along with other qualitative and quantitative data up to the date of rating.