Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as A minus) long term credit rating and ST-2 short term credit rating to Safe & Fresh Foods Limited.The outlook of the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is based on the unaudited financial statements of FY2020-FY2023, along with other qualitative and quantitative data up to the date of rating.