DOHOD Investment Company OJSC's Reliability Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its 'A-' reliability rating on DOHOD Investment Company OJSC (OAO 'IC DOHOD'). The rating had been originally assigned on July 9, 2008, and subsequently annually affirmed.
The rating affirmation is based on the positive dynamics of key financial performance indicators of the company, such as an increase in turnover and capital, profitable activities, and high profitability ratios. The Agency also notes DOHOD IC's large and successful experience on the stock market, highly professional senior management, and shareholders' interest in further development of the business.
The rating is still constrained by inadequate diversification of the company's business activities, as well as a limited market position.
DOHOD IC OJSC has been operating on the Russian market since 1993. As of today, DOHOD brand consists of an investment company, asset management company, and consulting agency. The company's core business areas are brokerage services, including online trading, depository services, specialized depository services, and implementation of corporate finance projects.