PSX Unveils Top 25 Companies Awards for CY2024

The Pakistan Stock Exchange has announced the list of recipients of the Top 25 Companies Awards for the calendar year 2024. These are the most prestigious and coveted awards in the corporate sector and were initiated by the Exchange in the year 1978. The selected companies have excelled on the basis of their financial performance, governance & operational excellence as well as sustainability and ESG-related initiatives. The PSX Top 25 Companies Awards recognize companies achieving certain key pre-requisites from the perspective of compliance and the interests of minority shareholders. Subject to achieving these pre-requisites, the companies are further weighed based on certain quantitative and qualitative criteria. In terms of quantitative criteria, PSX selects listed companies that have performed exceptionally in the context of profitability ratios, dividend-related ratios, and turnover of shares, among other specifics. In terms of qualitative criteria, PSX selects high-performing listed companies based on Corporate Social Responsibility (CSR), reporting on SDGs, ESG-related initiatives, and Diversity & Inclusivity, among other considerations. Announcing the PSX Top 25 Companies names for CY-2024, the MD & CEO PSX, Farrukh H. Sabzwari stated, “On behalf of the Pakistan Stock Exchange, I am proud to congratulate the winners of the PSX Top 25 Companies Awards 2024. These awards reaffirm that Pakistan’s economy is home to companies that not only excel locally but also stand shoulder to shoulder with some of the finest organizations internationally. This year’s winners, along with the broader corporate sector, deserve special recognition for delivering exceptional performance in the calendar year 2024 despite a difficult environment. Their achievements send a powerful message of confidence to investors both at home and abroad and is a testament to the determination, innovation, and leadership that continue to drive Pakistan’s growth story.” The companies that made it to the Top 25 Companies Awards list for the calendar year 2024, in order of their ranking, are: