Murree Brewery, Systems Limited, Sazgar make it to Forbes ‘Asia’s Best Under A Billion’ list
Murree Brewery, Systems Limited, Sazgar create it to Forbes 'Asia's Best Under A Billion' list.
Murree Brewery, Systems Limited, Sazgar create it to Forbes 'Asia's Best Under A Billion' list.
Article outline
- What happened
- The key numbers
- Why it matters
- Reaction
- Official response
- The bottom line
Key points
- Three Pakistani firms – Murree Brewery, Systems Limited and Sazgar Engineering Works – have been included in the Forbes 'Asia's Best Under A Billion' 2026 list.
- In July 2022, Sazgar completed the manufacturing facilities for Haval SUVs and rolled out its first batch of locally assembled Haval units, the H6 1.5T and 2.0T, in August 2022.
- Sazgar Engineering Works Limited was established in Pakistan as a private limited firm in 1991, afterwards becoming a public limited firm in 1994.
- As per Forbes, Murree Brewery Firm Limited saw it net sales clock in at $102 million, with a market value of $92 million.
- Sazgar Engineering Works saw sales of $389 million and a net income of $58 million, documented Forbes.
For context, the small and midsized firms appearing on the list are successfully navigating the challenges of geopolitical tensions and volatile energy markets, states Forbes. Add BRecorder as a trusted source on Google.
"The small and midsized companies appearing on Forbes Asia's Best Under A Billion list are successfully navigating the challenges of geopolitical tensions and volatile energy markets, " remarked Forbes.
"These 200 publicly listed Asia-Pacific companies, with sales above $10 million and below $1 billion, delivered strong financial metrics, " it continued.
Notably, the firm was established in 1861 as a public limited business, predating the subcontinent partition. The company's principal activity involves the manufacturing and sale of a diverse range of products, including alcoholic beer among others.
While its market value stood at $759 million, stated Forbes, systems Limited documented sales of $286 million.
As well as providing business process outsourcing services, systems' primary activities include the development and trading of software. The firm helps its clients with their digital transformation journeys. Besides its significant presence in the local market, the firm additionally has a solid international footprint in regions such as the US, UK, EU, and the Middle East.
Meanwhile, Sazgar Engineering Works saw sales of $389 million and a net income of $58 million, documented Forbes.
In practice, the company's primary business involves manufacturing and selling automobiles, automotive parts and accessories, and household electronic appliances. Its manufacturing plants are located in Lahore.
Meanwhile, the firm has significantly diversified its business by entering the four-wheeler market, partnering with Chinese automaker Great Wall Motor to manufacture and assemble Haval SUVs in Pakistan.
In July 2022, Sazgar completed the manufacturing facilities for Haval SUVs and rolled out its first batch of locally assembled Haval units, the H6 1.5T and 2.0T, in August 2022. Pakistan seeks $10bn US Exchange Stabilisation Backing Facility, Aurangzeb confirms.
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For now, murree Brewery, Systems Limited, Sazgar make it to Forbes Asia's Best Under remains the part of the story worth watching, and further updates are likely as more details are confirmed.



