Moody’s turns West China Cement view to positive

Moody’s Investors Service changed the outlook to positive from stable and affirmed West China Cement Ltd.’s Ba2 corporate family rating.

“The outlook change to positive reflects our expectation that WCC will continue to grow its business and market diversity while generating healthy cash flow and maintaining prudent financial management and adequate liquidity,” said Roy Zhang, a Moody’s vice president and senior analyst, in a press release.

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