Systems Limited has now become the largest company on Pakistan Stock Exchange (PSX) on the basis of a free-float market capitalization of Rs. 83.06 billion ($371.1 million).
In the last couple of years, the company witnessed massive growth in terms of profitability and business expansion at a local level and offshore markets.
The company recorded a profit of over Rs. 1 billion in the three quarters of 2022 and is likely to record an all-time-high profit in the current financial year.
It is followed by Engro Corporation with a very close margin in free-float market capitalization which stood at Rs. 83.04 billion with a market capitalization of Rs. 150.9 billion.
Fauji Fertilizer Limited stood third in the free-float market capitalization race at PSX with values of Rs. 71.84 billion and a market capitalization of Rs. 130 billion.
HUBCO stood fourth in the free-float market capitalization race at PSX with values of Rs. 64.8 billion and a market capitalization of Rs. 86 billion.
TRG Pakistan stood fifth in the free-float market capitalization race at PSX with values of Rs. 56 billion and a market capitalization of Rs. 80 billion.
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