Karachi: Major companies operating in Pakistan have uploaded their financial statements to the public financial portal of the Pakistan Stock Exchange (PSX), enhancing transparency and public access to corporate disclosures.
According to official data available on the PSX public portal, 88% of licensed companies in the financial sector have made their financial statements accessible online.
These include brokerage firms, insurance companies, and Non-Banking Finance Companies (NBFCs), whose financial reports are now available for public viewing.
The move follows directives issued by the Securities and Exchange Commission of Pakistan (SECP), requiring registered and licensed entities to upload their financial statements in compliance with regulatory guidelines.
Companies have adhered to the instructions and completed the uploading process within the stipulated timeframe.
Officials state that the initiative aims to strengthen transparency, improve regulatory oversight, and facilitate informed decision-making by investors and stakeholders.
By providing open access to audited financial data, the portal allows market participants to assess the financial health and performance of listed and licensed entities more effectively.
Licensed entities covered under the disclosure requirement include brokers, insurance companies, and NBFCs, among other financial institutions operating under regulatory supervision.
Market analysts believe that the availability of financial statements on the PSX public portal will boost investor confidence, enhance corporate accountability, and contribute to greater stability in Pakistan’s capital markets.