The Prime Minister Imran Khan presented an award to Brig Ashfaq Ahmed (r), SI (M) Company Secretary, Fauji Fertilizer Company (FFC) in a ceremony held at Governor House in Karachi. FFC, once again, has acquired the 1st position among the Top 25 companies on the Pakistan Stock Exchange (PSX) for the 9th consecutive year.
Since its inception, Fauji Fertilizer Company has been committed to ensuring best returns to the investors with a greater projection of their rights. The company’s management consistently strives on securing investments and the investor’s hard-earned money in the best possible manner.
Keeping up with its legacy of excellence and performance over the years, FFC has been winning this coveted title consecutively since 2010. Each year only 25 companies are declared as winners of this award. The top 25 companies are selected on the basis of highest scores obtained as per the selection criteria. The award is evaluated based on capital efficiency, profitability, free float of shares, transparency, corporate governance & investor relations, compliance with listing of companies & securities regulations and dividend payouts.
CE & MDFFC, Lieutenant-General Tariq Khan (retd), praised the efforts of the entire FFC workforce for putting in consistent efforts to uphold the company's remarkable position of honour on PSX for the ninth consecutive year.
Achievement of this award truly reflects on the recognition of the FFC's excellent financial and managerial performance by PSX. Such awards are significant because they are a testament to transparent reporting and good governance practices that are being followed by the company.