Jakarta, 13 August 2024 – PT Impack Pratama Industri Tbk (“Company”) has been re-selected as one of the companies included in the “200 Best Under A Billion 2024” category. Previously, the Company was also listed in this category in 2023. The 200 Best Under A Billion 2024 category features the 200 best small and medium enterprises in Asia-Pacific, with sales under $1 billion, that have demonstrated economic resilience amidst geopolitical and inflationary challenges.

For information, the 200 Best Under A Billion 2024 category highlights companies with a track record of sustainable, long-term performance. These 200 companies were chosen from over 20,000 publicly traded companies in the Asia-Pacific region with annual sales between $10 million and $1 billion. Selection was based on several benchmarks, including debt growth, sales, and earnings per share over the past one to three fiscal years, as well as the highest average Return on Equity in the last 5 years. In addition to quantitative criteria, qualitative screening was also applied, considering factors such as good governance, sound accounting practices, and recent environmental, management, or legal issues (source: Forbes Asia Website).

Being included in the 200 Best Under A Billion 2024 category certainly provides renewed enthusiasm for the Company to further optimize its growth potential in the future. This achievement is a testament to the hard work, dedication of the organization and management team, as well as ongoing innovation.