Karachi: Lucky Cement Limited was recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020 for Materials sector in Pakistan. Asia’s Outstanding Companies Poll recognizes publicly listed companies across the region for their excellence in a variety of business areas and markets.
The results recognized 140 companies as being the most outstanding for their sectors and in their market. More than 880 fund managers, buy-side analysts, bankers and research analysts took part in the voting. In total, over 4,602 votes were received for publically listed companies across 11 markets in Asia.
The aim of this poll is to identify and give recognition to Asia’s most outstanding listed companies in each market and sector. In casting the vote, the Company’s overall performance including its financials, management team, IR activities and CSR initiatives are considered.
Asiamoney is an information source on the world’s capital markets with an insight into the latest developments of the global financial markets. It is an affiliated publication of Euromoney Institutional Investor. Asiamoney reports, and offers analysis on, the financial and investment markets for capital issuers, borrowers, institutional investors and senior corporate and government monetary decision makers with business interests in Asia Pacific.
Lucky Cement is the largest producer of Cement in Pakistan with production capacity of 12.15 MTPA and also one of the country’s leading exporters of quality cement. It is the first Shariah Compliant Company of Pakistan certified by the SECP.
The Company has always emphasized on the responsible and rational use of natural resources, a strategy that allows it to reduce any adverse impact of its operations for environment conservation. Under its ambit of CSR the Company actively contributes in health and education sector as well as in community development, for which it was recently recognized as one of the top ten Most Supportive Brands of Pakistan during the current pandemic by IPSOS, a multinational market research company with headquarters in Paris, France. The Company also joined hands with the Prime Minister’s Ehsaas Emergency Rashan Programme to provide rashan (Ration) to those affected by the Covid-19 outbreak across Pakistan.