Pakistan Stock exchange announces Top 25 Companies Awards for 2023

Pakistan Stock Exchange (PSX) has announced the Top 25 Companies Awards recipients for the year 2023.

The PSX Top 25 Companies Awards, launched in 1978, are a prestigious and widely-respected awards recognizing excellence in the corporate sector and industry of Pakistan.

The companies that make it to the list of the coveted awards are selected on the basis of their financial performance, governance & operational achievements as well as sustainability and ESG related initiatives.

Nadeem Naqvi, acting CEO of PSX, stated, “These awards showcase excellence in Pakistan’s corporate, business and industrial landscape whereby the top performing companies who have excelled based on financial, governance, ESG, D&I and other quantitative and qualitative criteria, are duly recognized and awarded.”

“The winning of this accolade by the respective companies will send a strong message to investors globally and locally that these Pakistani companies and industries are at par with global corporate and industrial performers,” Naqvi added.

The companies that made it to the Top 25 Companies Awards list in 2023, in order of their ranking, include Engro Corporation Limited, Engro Fertilizers Limited, Fauji Fertilizer Company Limited, The Hub Power Company Limited, Bank Alfalah Limited, Habib Bank Limited, Habib Metropolitan Bank Limited, Mari Petroleum Company Limited, Systems Limited, Cherat Cement Company Limited, Lucky Cement Limited, Meezan Bank Limited, Engro Polymer & Chemicals Limited, Pakistan Oilfields Limited, Image Pakistan Limited, MCB Bank Limited, Faysal Bank Limited, Nestle Pakistan Limited, Adamjee Insurance Company Limited, Indus Motor Company Limited, International Industries Limited, United Bank Limited, Pakistan State Oil Company Limited, Security Papers Limited and Bank AL Habib Limited.