5 Pakistani Companies Among Forbes 200 Best Under $1 Billion in Asia
Five Pakistani companies are featured in the Forbes magazine’s latest annual ranking of the 200 best companies with under $1 billion in revenue in the Asia-Pacific region. Pakistan's representation of 5 on the list is down from 7 last year. The number of Indian companies on the list is down to 3, less than half of the seven companies that made it in 2016. Among Pakistan's five companies on the list is Ferozsons Laboratories which is making its debut this year. The company's revenue jumped 93% last year. The list highlights 200 Asia-Pacific public companies with less than $1 billion in revenue and consistent top- and bottom-line growth. This year’s candidates come from 13 countries and averaged 55% growth in sales, a 24% profit margin, and 113% growth in earnings per share. China tops the Forbes 200 list with 71 companies followed by Japan 41, Taiwan 30, South Korea 22, Vietnam 10, Singapore 7, Australia 6, Pakistan and Malaysia 5 each, Thailand 4, and Hon...