Wyeth Pakistan Limited tops the list

Economic Review, Feb-March, 2004

Wyeth Pakistan Limited topped the list in Earning per Share (EPS) with Rs. 172.19 followed by Unilever Pakistan Limited (Rs. 131.59), Parke Davis Company Limited (Rs.58.02), Rafhan Maize Limited (Rs. 57.66), and Siemens Pakistan Engineering Company Limited (Rs.49.95).

The largest number of Top 100 Companies fell in Textile (30), followed by Chemical and Pharmaceutical (15), Investment Companies and Banks (8), Food and Allied and Fuel and Energy (6 each), Auto and Allied (5), Sugar and Allied and Engineering (4 each), and Paper and Board (3).

Sectors where Top Companies were higher than the average are Chemical and Pharmaceutical (44.11 per cent), followed by Food and Allied (42.86 per cent), Engineering (40 per cent), Auto and Allied (31.25 per cent), Paper and Board (25 per cent), Fuel & Energy (24 per cent), Textile (17.75 per cent), Sugar and Allied (11.76 per cent.), and Investment Companies and Banks was (10.81 per cent).

Like the previous analysis of Break-up Value, only a few companies were public enterprises such as Pakistan State Oil, Security Papers Limited and National Refinery while the rest were private sector enterprises where multinational companies like Parke Davis, Lever Brothers, Shell Pakistan BOC Pakistan, Glaxo Wellcome Pakistan, Colgate Palmolive Pakistan, Clariant Pakistan and Aventis Pharma (Pak) dominated the scene.