Karachi, Dec 27, 2019: Toyota Indus Motor Company has been honored with the Pakistan Stock Exchange (PSX) Top 25 Performing Companies Awards for 2016 and 2018 for its dedication and excellent performance. Mr Ali Asghar Jamali, CEO, Indus Motor Co received the awards from the Prime Minister of Pakistan Mr Imran Khan at the prestigious PSX Awards Ceremony, held at the Governor House, Karachi.
The PSX Top 25 Companies Awards acknowledges the performances of top companies in all industries every year on the basis of comprehensive criteria, which includes Dividend Payout, Capital Efficiency, Profitability, Free-Float of Shares, Corporate Governance and Investor Relation. IMC leads the segments of Passenger Cars and Light Commercial Vehicles in Pakistan automobile sector.
Expressing his delight at being honored, Ali Asghar Jamali said, “PSX Award is one of Pakistan’s premier corporate recognition awards and winning this accolade says a lot about the strength of the management team and corporate excellence. Being ranked in the prestigious list for 2016 and 2018, we are delighted and we believe it is a testimony to the hard work that Indus Motor Co puts into its work and an acknowledgment of the quality that we always strive to maintain in our philosophy. This milestone will give us further motivation to improve our standards, we realize it sets a benchmark which is our responsibility to maintain as one of the leading automobile manufacturers in the country.” – End –