Emerging Credit Rating Limited (ECRL) has upgraded BBB+ (Pronounced as triple B Plus) long term credit rating and affirmed ST-3 short term credit rating to Sonia Fine Knit Limited. The outlook of the rating is Stable. Sonia Fine Knit Limited is an export-oriented sweater producing factory, which manufactures men’s, women’s and children’s sweaters from various combinations as per buyers’ specification. The rating is consistent with ECRL’s methodology for this type of company. The rating is based on the audited financial statements of 2022-2025 and other relevant information. The rating is valid from May 17, 2026 to May 16, 2027. The ratings may be changed or revised prior to expiry, if warranted by extraordinary circumstances in the management, operations and/or performance of the entity rated.