Murree Brewery, Systems Limited, Sazgar Engineering make Forbes list

Mettis Global reported that three Pakistani companies, Murree Brewery, Systems Limited and Sazgar Engineering Works, have been included in Forbes' Asia-Pacific list for this year. Forbes selected 200 publicly listed firms across the region, all with annual sales between $10 million and $1 billion. According to the publisher, the chosen businesses posted solid results despite the uncertain geopolitical backdrop and unstable energy markets.

Murree Brewery recorded net sales of $102 million, while Forbes estimated its market capitalisation at $92 million. The company dates to 1861, when it was set up as a public limited company, and now produces and sells a varied product range. Systems Limited reported sales of $286 million and a market value of $759 million. Its work covers software development, outsourced business processes and digital transformation, with operations in the US, UK, EU and Middle East.

Sazgar Engineering Works reported sales of $389 million and net income of $58 million. The firm began as a private limited company in 1991 and in 1994 it became a public limited company.