Advanced Card Systems Ltd. (ACS) has been chosen as one of Forbes Asia’s Best Under a Billion companies in 2014. This is the second time that ACS has been included in the list, the first being in 2010.
The unranked list is comprised of 200 top-performing Asia-Pacific companies, selected from a pool of 17,000 publicly listed companies with revenues between $5 million and $1 billion. According to Forbes, eligible companies must not only be profitable; they must also be consistently growing, and with modest indebtedness. Candidates must also be free from major legal trouble and questionable accounting or management practices.
In the past three years, ACS has exceeded its own sales targets resulting in steady profit growth. ACS’s sales revenue in 2013 was the highest ever achieved. An annual customer satisfaction survey among ACS clients shows that as of 2014, clients regard their relationship with the company as very good — on a five-point scale ranging from very poor, poor, neutral, good to very good — which ACS attributes to the trust established between itself and partners, and the simplicity and transparency characterizing ACS business contracts.