PALMOILMAGAZINE, SINGAPORE — PT Teladan Prima Agro Tbk (TLDN) has strengthened its position as one of Indonesia’s most promising public companies in the region. On Monday, 25 November 2025, the company officially received the Best Under A Billion award from Forbes Asia, presented by Christopher Forbes, Vice Chairman of Forbes Media, to TLDN’s Director of Finance, Accounting, and Tax, Mahirudin, during the Forbes Asia Best Under A Billion Forum & Awards Dinner at Resorts World Sentosa, Singapore.
The award is far from arbitrary. Forbes Asia evaluated more than 19,000 publicly listed companies across the Asia-Pacific region with annual revenues between US$10 million and US$1 billion in the 2024 fiscal year. Only 200 companies made the cut, selected for their solid financial performance, consistent growth, and strong governance.
Notably, only 10 Indonesian public companies earned a place on this year’s list—TLDN among them.
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In its Best Under A Billion report released on 4 August 2025, Forbes Asia stated that companies were selected through a composite quantitative scoring system incorporating indicators such as debt growth, revenue, net profit, and earnings per share over the past one to three years, as well as average equity over five years.
Forbes also applied qualitative filters to screen out companies with governance issues, accounting problems, environmental concerns, management conflicts, or legal complications.
Given the rigorous standards, TLDN’s inclusion reflects the company’s ability to uphold transparent corporate governance while maintaining consistent business performance.
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Mahirudin, Director of Finance, Accounting, and Tax, said the recognition reflects years of disciplined performance and prudent financial management.
“TLDN is committed to a prudent financial management approach through measured budgeting, stringent internal and external controls, and transparent, accountable reporting standards,” he said in an official statement received by Palmoilmagazine.com on Thursday (27/11/2025).
He added that the award also recognizes the hard work of employees and subsidiaries in carrying out daily operational responsibilities.
“As a publicly listed company, we remain focused on ensuring accountable financial and operational growth while staying compliant with regulations,” he said.
TLDN’s Performance Continues to Accelerate
TLDN’s financial strength over the past two years has played a key role in securing its place on the Forbes list. In the 2024 fiscal year, the company posted IDR 4.21 trillion in revenue and IDR 825.59 billion in net profit—up 5.1% and 82.7% year-on-year, respectively.
The positive trend continued through January–September 2025. TLDN booked IDR 3.81 trillion in revenue, up 32.9% year-on-year, and IDR 829.31 billion in net profit, soaring 110.5% from a year earlier.
With solid fundamentals and a measured expansion strategy, TLDN aims to maintain healthy, sustainable growth while strengthening its contribution to the industry and the national economy. (P2)
