Forbes Asia spotlights nine Malaysian companies in “Best Under A Billion” list
- by XM Admin
KUALA LUMPUR: Forbes Asia’s esteemed annual compilation, “Best Under A Billion 2023,” has recently spotlighted the achievements of nine outstanding Malaysian companies.
The comprehensive list, featured in the August 2023 edition of Forbes Asia, proudly showcases the Malaysian entities that have met the stringent criteria.
Among these remarkable companies are Frontken Corp Bhd, Greatech Technology Bhd, Harbour-Link Group Bhd, Kim Loong Resources Corp Bhd, QES Group Bhd, Scicom (MSC) Bhd, Thong Guan Industries Bhd, Uchi Technologies Bhd, and ViTrox Corp Bhd.
The list recognizes 200 Asia-Pacific public enterprises with revenues under US$1 billion (approximately RM4.57 billion) that have displayed consistent growth in both their top and bottom lines.
“The standouts are concentrated in chipmaking and related industries,” it said.
Forbes Asia said other top performers on its list include companies delivering IT solutions that underpin the digital transformation of healthcare, logistics and manufacturing, and other industries.
“Meanwhile, businesses that rely on consumer spending, such as restaurants, entertainment and sports, continued to see an uptick in sales as Covid-19 restrictions faded away.
“This year’s list includes 58 returnees from the previous year,” it added.