Systems Limited Secures Spot on Forbes Asia’s Best Under a Billion 2024 List for Fifth Consecutive Year
KARACHI – Systems Limited, a globally recognized technology powerhouse, has once again made waves by being named in Forbes Asia’s Best Under a Billion 2024 list for the fifth consecutive year. The company, which has been at the forefront of digital innovation, leads the pack among the three Pakistani firms that earned this prestigious recognition.
With a market value of $485 million, sales of $188 million, and a net income of $31 million, Systems Limited continues to solidify its position as a trailblazer in the industry. This five-year streak not only highlights the company’s consistent performance but also marks a significant national achievement, underscoring its core values of integrity, innovation, and unwavering dedication.
For over four decades, Systems Limited has navigated the fast-evolving tech landscape with a unique blend of innovation, client understanding, and empathy. The company’s advanced and impactful solutions reflect a deep commitment to meeting the changing needs of businesses while keeping the human element at the heart of its approach. This has cemented its leadership position in the industry, both regionally and globally.
Asif Peer, Group CEO and Managing Director of Systems Limited, expressed pride in the company’s ongoing success: “Our resilience, consistency, and perseverance have enabled us to build a thriving ecosystem that not only meets but consistently exceeds performance benchmarks. Our consistent pursuit of innovation excellence has positioned us as the only IT company from Pakistan to be honored by Forbes Asia over these last five years, in addition to being recognized as the fastest-growing company in Asia last year.”
Peer further emphasized the company’s commitment to creativity, human-centric solutions, and a forward-thinking mindset as the pillars of its success. “This approach has enabled us to forge enduring global partnerships and establish a legacy of leadership in the digital age. This honor from Forbes reflects the passion, collaborative spirit, and resilience that our employees bring to the forefront of the digital revolution every day. We pledge to continue this momentum of business excellence, delivering innovative, customer-focused solutions across the globe, and maintaining our record of outperforming in all metrics.”
Forbes Asia’s Best Under a Billion list recognizes 200 companies from over 20,000 publicly traded firms in the Asia-Pacific region, with criteria including annual revenue between $10 million and $1 billion, positive net income, and at least one year of public trading. Companies are ranked based on earnings growth, sales growth, and return on equity over the past 12 months and the last three years.
Securing its place among the top 200, Systems Limited’s consistent profitability and robust financial performance underscore its continued success and growth in the global tech industry.
