Jakarta, October 13th 2022 – Impack Pratama (“Company”) was selected as one of the companies from Indonesia that was included in Forbes Asia’s 200 Best Under a Billion list after previously being included in the category of Best of the Best Companies 2022 Forbes Indonesia. This is again a breath of fresh air for the Company in the recent unfavorable global economic situation.
Forbes Asia selected about 20 thousand companies in the Asia Pacific region. Companies that enter the list will be included in the Forbes Asia’s 200 Best Under a Billion category as middle-class companies with long-term prospects with revenues above US$ 10 million and under US$1 billion or Rp14 trillion booked in the 2021 financial year.
The criteria for companies that can enter Forbes Asia are the value of growth in earnings per share (EPS) and return on equity (ROE), corporate earnings, and non-financial performance such as corporate governance. And of course, the Forbes Asia’s 200 Best Under a Billion award achieved by the Company cannot be separated from the hard work, dedication of the organization and management team within the Company, as well as the Company’s Doing Well by Doing Good spirit which has an impact on the Company’s sustainable performance growth. The result is reflected in the increase in net profit recorded in the first semester of 2022 compared to the previous year, which grew 39.9% YoY to Rp145 billion and recorded a revenue growth of 27.5% to Rp1.35 trillion in the first semester of 2022.