FFCL leads PSX’s Top 25 Companies Award 2019
Business
December 22, 2020
KARACHI: Fauji Fertlizer Company Limited led the Pakistan Stocks Exchange’s Top 25 Companies Awards 2019, followed by Pakistan Oil Fields, and Nestle Pakistan, a statement said on Monday.
As per tradition, the criteria for selecting such companies was also updated and upgraded in 2019 in line with the evolving business environment and requirements, the PSX said.
For the said year, the pre-requisites included a minimum distribution of 30 percent (including at least 15 percent cash dividend), shares traded 50 percent of the total trading days during the year, and that the company is not in the Defaulters’ Segment of the Exchange or trading in its shares have not been suspended on account of violation of Listing Companies & Securities Regulations of the Exchange during the said year.