Homegrown Asia Pacific Breweries (APB), which saw their profit soar 63.5 per cent to $200 million, makes a debut on the list of Forbes best 50 Asian publicly-listed companies this year.
APB, which has seen its market cap jump 75 per cent, boasts 30 breweries in 14 countries.
The Fab 50 list takes into account companies with at least $3 billion in revenue or
market cap and five-year track records for revenue, operating earnings, return on capital,
recent results, share price movements and outlook.
It excludes companies with too much debt or where the government owns half the shares. The 50 companies were picked from a list of 1,073.
Almost half of Asia’s best 50 publicly-traded companies are from China, the latest Forbes Asia’s Fab 50 List shows. The country has 23 companies that are on this super performers list, up from 16 last year.
The other Singaporean company that has made the list in the past is Olam International.