Selected from over 19,000 organisations, this recognition highlights businesses with under USD 1 billion in revenue that demonstrate consistent growth, innovation and stability.
The ranking reflects Hemas’ consistency in generating long term value for shareholders over the last three years.
Forbes Asia’s selection process is based on a robust quantitative and qualitative assessment, measuring growth, innovation, and share performance over time.
The achievement marks a significant milestone for Sri Lanka’s corporate sector.
Hemas has become one of the first local companies since 2021 to be included among the region’s top 200 by Forbes.
Adding perspective on the milestone, Ashish Chandra, Group CEO of Hemas Holdings PLC said:
“Being recognised among Forbes Asia’s Best Under a Billion is a strong validation of our long-term strategy, disciplined growth, and our ability to deliver sustained returns on par with the best in the region.
This achievement reflects the unwavering commitment of our teams, whose focus on innovation and performance continues to propel Hemas forward.
It is also a proud moment for Sri Lanka, showcasing the strength and resilience of our businesses on a prominent Asian stage.”
This achievement underscores the organisation’s commitment to long term value creation, strong governance, and strategic diversification that positions Hemas for continued growth in regional and global markets.