KARACHI: Pakistan Stock Exchange (PSX) on Monday announced top 25 companies for the year 2020.
Every year, the Exchange acknowledges the performance of the top companies shortlisted on the basis of comprehensive criteria, which includes:
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(i) Capital Efficiency,
(ii) Total Shareholder Return,
(iii) Growth in Operating Revenue,
(iv) Change in EBITDA Margin,
(v) Free-Float of Shares,
(vi) Turnover of Shares,
(vii) Reporting on Sustainability Development Goals,
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(viii) Diversity and Inclusion,
(ix) Corporate Governance & Investor Relations and
(x) Compliance with Listing of Companies & Securities Regulations.
The awards given by the Exchange to the top companies recognizes their excellent financial and managerial performance, and provides the top companies with a powerful marketing tool.
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The PSX announced the names of the top 25 companies for the year 2020 that have been selected on the basis of the highest score obtained as per the Criteria for Selection of Top Companies:
01. Fauji Fertilizer Company Limited
02. Meezan Bank Limited
03. Systems Limited
04. Security Papers Limited
05. Archroma Pakistan Limited
06. Fauji Fertilizer Bin Qasim Limited
07. Mari Petroleum Company Limited
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08. Askari Bank Limited
09. Abbott Laboratories (Pakistan) Limited
10. Century Paper & Board Mills Limited
11. Cherat Packaging Limited
12. Cherat Cement Company Limited
13. ICI Pakistan Limited
14. Ghani Global Glass Limited
15. Engro Polymer & Chemicals Limited
16. International Industries Limited
17. Redco Textiles Limited
18. Hum Network Limited
19. Mehran Sugar Mills Limited
20. Tri-Pack Films Limited
21. Al-Abbas Sugar Mills Limited
22. International Steels Limited
23. Synthetic Products Enterprises Limited
24. Attock Cement Pakistan Limited
25. OLP Modaraba (Formerly: Orix Modaraba)