Almost a year ago, Systems Ltd became the first Pakistani IT company to secure the prestigious Forbes Asia’s Best Under A Billion Award. Now, Systems Ltd has made history yet again by securing that very same award for the 2nd year in a row.
Forbes Asia’s Best Under a Billion list highlights 200 Asia-Pacific public companies under $1billion in revenue, with consistent top and bottom-line growth parameters.
The full list with the companies sorted alphabetically can be seen here. This is the second time in a row that Systems Limited has been included in the prestigious list.
As per the company website, this achievement is of utmost importance for the company as it stamps authority over its consistent composite scores that showcase their overall track record that includes sales and profit growth, low debt levels, and robust governance.
CEO and Managing Director of Systems Limited Asif Peer was elated on this momentous occasion, saying that it was a “great honor” to be included in the esteemed list.
Pakistani Companies in Forbes Asia’s 200 under a billion
Three Pakistani companies Systems Limited, Feroze1888 Mills and Searle Pakistan made it to the Forbes ‘Asia’s Best Under A Billion 2020’ list.
Information technology company Systems Limited Pakistan (SLP) along with local textile giant Feroze1888 Mills Ltd and pharmaceutical company Searle Pakistan made it to the coveted list.
The annual list recognizes 200 top-performing small and mid-sized companies in the Asia-Pacific region with sales under $1 billion.