Lucky Cement Awarded MAP’s Top Corporate Excellence Award 2016
1st March 2017, Karachi Lucky Cement Limited (psx: LUCK) won the Management Association of Pakistan’s Top Corporate Excellence Award 2016 in the Industrial category amongst all corporate sector organizations in Pakistan. Mr. Muhammad Faisal, Executive Director and Chief Strategy, Finance and Investment officer of Lucky Cement Limited received the award at the 32nd MAP Annual Corporate Excellence Award Ceremony held at a local hotel yesterday.
The Corporate Excellence Awards was instituted by MAP in 1982 with the sole aim to recognize and honor companies showing outstanding performance and demonstrating progress and enlightened management practices.
Mr. Muhammad Ali Tabba, CEO Lucky Cement, said “It is with great pride that we accept this award. We are extremely grateful to all our employees and stakeholders for helping us achieve repeated success over the years.”
He further added, “We endeavor to continue reaching new heights, keeping our stakeholders needs as our top priority and also keeping the larger objective of continuing our economic growth efforts in Pakistan.”
Lucky Cement received the award based on having the best corporate practices and governance in the Industrial sector. The primary criteria for this award emanates from best Corporate and Management practices reflected by Leadership, Corporate Governance, Customer and Market Focus, HR, Strategic Planning and Communication, Social Responsibility, Risk Management, IT Infrastructure, Service Delivery and Security.
About the Company
Lucky Cement Limited (LCL) is the flagship company of the Yunus Brothers Group, which has a solid history of exceptional growth performance since its inception in 1993. LCL is one of the largest producers and leading exporters of quality cement in Pakistan, with a production capacity of 7.75 million tons per annum. The Company is listed on the Pakistan and London stock exchange.
LCL’s manufacturing plants are strategically located in Northern and Southern regions of the country and is the only cement company to have its own loose cement export terminal at Karachi port with storage capacity of 24,000 tons.
Lucky Cement is an ISO 9001:2008 and 14001:2004 certified company and possesses many other international certifications including Bureau of Indian Standards, Sri Lankan Standard Institute, Standards Organization of Nigeria, Kenya Bureau of Standards and South African Bureau of Standards.