Three local companies enter Forbes’ under a billion list - News Summed Up

Three local companies enter Forbes’ under a billion list


The annual “Forbes Asia’s Best Under A Billion,” identifies the top 200 companies out of 20,000 publicly listed firms in the region with sales above $10 million and $1 billion. “Of note, the list features companies from across the region, spanning industries such as semiconductors, software and services, pharmaceuticals, healthcare and manufacturing,” Forbes Asia said. Meanwhile, Eagle Cement registered $434 million in sales and $122 million in net income, with a market value projected at $1.17 billion. “As Covid-19 restrictions ease across the Asia-Pacific and people adapt to the new normal, this year’s annual Best Under A Billion list highlights the shift to discretionary spending,” Forbes Asia stated. The full list can be accessed at www.forbes.com/bub and in the August issue of Forbes Asia.


Source: Forbes August 10, 2022 17:16 UTC



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