Only three Pakistani companies – Highnoon Laboratories, Systems Limited, and Tariq Glass Industries – were chosen for Forbes’ important Asia’s Best Under a Billion list this year. In comparison, the list had a lot more companies from China and India, with 34 from China and 32 from India.
In the past, Highnoon Laboratories made it to this list in 2019, 2021, and 2022. Similarly, Systems Limited was included in 2020, 2021, and 2022.
According to Forbes, Highnoon Laboratories is worth $79 million, Tariq Glass Industries is worth $70 million, and Systems Limited is worth $441 million. Forbes also said that Systems Limited made $32 million profit from $155 million sales. Tariq Glass Industries had sales of $166 million and earned a profit of $23 million. Highnoon Laboratories had $55 million in sales and earned $9 million in profit during the time they looked at.
This list shows the best small and medium-sized companies in the Asia-Pacific region with sales under $1 billion. Even though there are only a few companies from Pakistan, this recognition shows their achievements and potential to grow.
