PSX Announces Top 25 Companies of 2019
Pakistan Stock Exchange (PSX) has announced the recipients of the Top 25 Companies Awards for the year 2019.
The Top 25 Companies Award tradition at PSX goes back to 1978. The best performing listed companies in Pakistan are awarded this distinction. A general definition for ‘well-performing’ may be understood as companies that have outperformed others by the parameters of corporate governance and financial performance, and added value to shareholders based on certain specific quantitative criteria, amongst other factors, make it to the Top 25 Companies List.
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This year’s parameters were also re-defined to suit the current times. As per tradition and in line with the evolving business landscape in the country, the criteria for selecting such companies were also updated and upgraded in 2019. The prerequisites to be included in the list for this year were: