These awards are among the most respected honours in Pakistan’s corporate sector, first launched in 1978. PSX said the selected companies excelled through financial strength, responsible management and initiatives linked to sustainability and ESG.
The Exchange highlighted that only companies fulfilling strict compliance requirements and protecting minority shareholders’ interests qualify for further evaluation.
After meeting these conditions, the firms are assessed through quantitative and qualitative standards. Quantitative checks include profitability, dividends and share turnover, while qualitative checks cover CSR efforts, SDG reporting, ESG progress, diversity and inclusivity.
PSX MD and CEO Farrukh H. Sabzwari congratulated the winners, saying, “These awards show that Pakistan’s economy hosts companies that not only compete locally but also match international excellence.” He added that the winners displayed resilience and leadership despite a difficult economic environment, giving investors renewed confidence.
The companies ranked in the Top 25 list for 2024 are: Engro Corporation Limited, Fauji Fertilizer Company Limited, Engro Holdings Limited, Engro Fertilizers Limited, Sazgar Engineering Works Limited, Habib Metropolitan Bank Limited, Mari Energies Limited, Bank Alfalah Limited, EFU Life Assurance Limited, Lucky Cement Limited, Millat Tractors Limited, Crescent Steel & Allied Products Limited, International Industries Limited, Nestle Pakistan Limited, Interloop Limited, Habib Bank Limited, National Foods Limited, Haleon Pakistan Limited, Cherat Cement Company Limited, MCB Bank Limited, Jubilee General Insurance Company Limited, Colgate – Palmolive (Pakistan) Limited, NetSol Technologies Limited, Arif Habib Corporation Limited, and Meezan Bank Limited.
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This year’s list shows that many Pakistani companies are still performing well even in tough conditions. The awards highlight strong management and good financial discipline. Investors may feel more confident because leading companies continue to show stability. This also signals that Pakistan’s corporate sector is improving in terms of responsibility and long-term planning.
