Karachi: The Pakistan Stock Exchange (PSX) has announced the recipients of its highly esteemed Top 25 Companies Awards for the calendar year 2024. Initiated in 1978, these awards recognize outstanding corporate performance in financial achievements, governance practices, and sustainability efforts.

The awards are based on a rigorous selection process that includes compliance standards and protection of minority shareholders' interests. Companies are assessed using quantitative metrics such as profitability and dividend ratios, alongside qualitative measures like Corporate Social Responsibility (CSR) and environmental, social, and governance (ESG) initiatives.

Farrukh H. Sabzwari, Managing Director and CEO of PSX, expressed pride in the winners' accomplishments, highlighting their local and international achievements during challenging economic conditions. Sabzwari noted that the winners' success underscores the strength and resilience of Pakistan's corporate sector, offering a strong signal to investors globally.

The announcement of the Top 25 Companies Awards serves as a testament to the innovative and determined spirit driving the country's economic growth.