Moody's: Swire Pacific unchanged

Moody's Investors Service said that Swire Pacific Ltd.'s 2012 first half results are weak, though its overall credit profile remains appropriate for its A3 ratings.

"In light of the difficult operating environment and uncertain economic conditions, Swire experienced slowdowns in many of its businesses, with overall financial metrics weakening from fiscal year 2011 levels," Moody's senior vice president Laura Acres said in a news release.

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