KARACHI: The Pakistan Stock Exchange (PSX) has named Fauji Fertilisers Company Ltd as the top listed firm for 2020.

Through a press release on Monday, the PSX announced the recipients of the Top 25 Companies Awards for 2020.

Meezan Bank Ltd and Systems Ltd grabbed the second and third positions, respectively.

Companies that show outstanding performance in terms of their corporate governance, financial performance and add to the shareholder value make it to the Top 25 Companies list. Specifically, companies that outperform others in terms of their capital efficiency, free float of shares, growth in operating revenue, turnover of shares and specific quantifiers of corporate governance and investors relation are eligible for the PSX Top 25 Companies Award.-Staff Reporter