PSX announces top 25 companies for year 2020

PSX announces top 25 companies for year 2020

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)