Five Malaysian firms on Forbes 'Asia's Best 200 Under A BIllion' list

27 Jul 2017 / 22:43 H.

    PETALING JAYA: Five Malaysian listed companies made the cut to Forbes’ annual list for Asia’s Best 200 public companies which are seen as”growth engines”.
    The “Asia’s Best Under A Billion 2017: The 200 Public Companies That Are Reliable Growth Engines” list features companies with less than US$1 billion (RM4.28 billion) in revenue and consistent top- and bottom-line growth.
    Elsoft Research Bhd, Kerjaya Prospek Group Bhd. MyEG Services Bhd, Pentamaster Corp Bhd and Vitrox Corp Bhd have been featured on the list.
    MyE.G appears as the company with the highest market value with US$1.80 billion. The e-government services provider’s net income stood at US$35 million while it sales stood at US$68 million.
    China saw the most representatives on the list with 68 companies, while Sri Lanka has the least with one.
    Forbes looked at 18,000 Asian companies with an annual revenue between US$5 million and US$1 billion with the highest sales and earnings per share growth for both the most recent fiscal one- and three-year periods, and the strongest five-year average return on equity, before narrowing it down to the best 200.

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