The Stock Exchange of Thailand (SET) reveals five Thai listed companies are among “Asia’s 200 Best Under a Billion” this year by Forbes Asia magazine which named the top 200 Asian firms with annual revenues of USD 5 million-USD 1 billion and strong earnings growth.

Four of the five SET  firms are listed on the main board, consisting of Advanced Information Technology plc (AIT), Bualuang Securities plc (BLS), Polyplex (Thailand) plc (PTL) and Robinson Department Store plc (ROBINS), said Chanitr Charnchainarong, SET Executive Vice President and mai President.

Another firm, The Brooker Group plc (BROOK), is on the Market for Alternative Investment (mai), Chanitr added.

“The companies have been carefully selected based on revenue and net profit growth. It is a delight that the five listed firms have been recognized. This also emphasizes the strength of Thai listed firms which have been resilient to the global economic volatility, meanwhile generating strong growth. The companies showed a combined growth of 26 percent in sales  and 124 percent in net profit in 2010,” Chanitr said

Among the Asia’s 200 Best Under a Billion this year, Chinese and Hong Kong companies dominate the list with 65 firms, followed by India with 35, while ASEAN’s companies had 40 entries from six countries, consisting of three from Indonesia, 14 from Malaysia, two from Philippines, six from Singapore, five from Thailand, and 10 from Vietnam.

Four of the five SET  firms are listed on the main board, consisting of Advanced Information Technology plc (AIT), Bualuang Securities plc (BLS), Polyplex (Thailand) plc (PTL) and Robinson Department Store plc (ROBINS), said Chanitr Charnchainarong, SET Executive Vice President and mai President.

Another firm, The Brooker Group plc (BROOK), is on the Market for Alternative Investment (mai), Chanitr added.

“The companies have been carefully selected based on revenue and net profit growth. It is a delight that the five listed firms have been recognized. This also emphasizes the strength of Thai listed firms which have been resilient to the global economic volatility, meanwhile generating strong growth. The companies showed a combined growth of 26 percent in sales  and 124 percent in net profit in 2010,” Chanitr said

Among the Asia’s 200 Best Under a Billion this year, Chinese and Hong Kong companies dominate the list with 65 firms, followed by India with 35, while ASEAN’s companies had 40 entries from six countries, consisting of three from Indonesia, 14 from Malaysia, two from Philippines, six from Singapore, five from Thailand, and 10 from Vietnam.