Wilcon Depot among Forbes Asia’s ‘Best Under a Billion’ 2023 list

Before the year comes to a close, Wilcon Depot had another milestone that truly reflects our hard work and dedication to excellence. The moment we received the news that Wilcon Depot was chosen as one of the awardees of Forbes Asia’s Under A Billion List, we felt like all our efforts are finally being recognized on a global scale. 

The Forbes Asia Best Under A Billion Forum and Awards Dinner was a big event held at Conrad Manila on Nov. 21, 2023.  

This event was more than just a dinner; it was a gathering of industry leaders, visionaries, and innovators who came together to celebrate the success stories of companies that continued despite the challenges, and demonstrated excellent performance in the small and mid-sized business sectors.

Christopher Forbes, vice chairman of Forbes Media, and Teresita Sy-Coson, vice chairperson of SM Investments Corp., were among the notable guests who presented welcome statements to the 430 attendees. Their presence emphasized the significance of this acknowledgment and its impact on the Asia-Pacific economic setting.

For Wilcon Depot, it was not an easy road to this prestigious honor.  In a landscape of over 20,000 listed companies, Wilcon Depot emerged as a beacon of success, securing its place among the top 200 leading public companies in the Asia-Pacific region with annual sales above $10 million and below $1 billion. 

The rigorous selection process, which considered factors such as debt management, sales growth, earnings-per-share growth, and return on equity, highlighted Wilcon Depot’s exceptional financial performance over both the one- and three-year periods.

Wilcon Depot’s engagement on Forbes Asia’s Best Under A Billion list brings us in an excellent position with companies like Cityland Development Corp, D&L Industries Inc, and Tantoco-led specialty retailer SSI Group Inc. This accomplishment not only represents the strength of our financial performance, but also demonstrates our dedication to innovation, customer satisfaction, and environmentally responsible company practices.

We at Wilcon Depot are motivated to continue setting new benchmarks in the industry, fostering innovation, and maintaining the highest standards of corporate governance. We are not just building homes; we are building a legacy of excellence, and Forbes Asia’s Best Under A Billion list is a testament to the strength and resilience of Wilcon Depot in the face of challenges.

We also recognize this achievement as a stepping stone for even greater accomplishments in the future. Together, as a united and determined team, we will continue to build, innovate, and grow, ensuring that Wilcon Depot remains a beacon of success in the dynamic landscape of the Asia-Pacific business arena.

I also want to extend my heartfelt gratitude to every member of the Wilcon family – our dedicated employees, loyal customers, and supportive stakeholders. This recognition would not have been possible without their hard work, dedication, and unwavering belief in our shared vision.

As we count down to the New Year, Wilcon Depot is ready to carve a path toward new triumphs. We are ready to build big ideas to serve our customers nationwide. 

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