Sept. 25 – Indian, Chinese and Japanese companies dominated Forbes’ second annual list of the 50 best listed companies in the Asia-Pacific region with twelve, nine and nine spots respectively.
There were six Taiwanese companies on the list as well. The list looks at the region’s biggest publicly traded companies with revenues or market capitalization of at least US$5 billion and based rankings on long-term profitability, sales and earnings growth, plus projected earnings and stock-price gains.
Most of the companies featured on the list were in the field of utilities, telecoms, mining, milling and smelting the metals and minerals to feed Asia’s emerging need for better overall infrastructure.
“Our list is a mix of giant, established companies- this year that list includes Australian miner BHP Billiton, Hong Kong conglomerate Noble Group and Indian oil and gas heavyweight Reliance Industries — and smaller outfits such as Agile property Holdings, Anhui Conch Cement and digital China Holdings,” Forbes Asia said in a statement.
After India, China and Japan, the next biggest companies were from South Korea and Taiwan followed by Australia. Among the 50 companies, China’s China Mobile topped the list in terms of market value at US$127.3 billion followed by Australia’s BHP Billiton at US$118.6 billion and Cnooc at US$37.8 billion and India’s Reliance Industries at US$33.3 billion.
The full list with company details can be read here.
