TSC is Selected As One of Forbes Asia 200 Best Under A Billion
Taipei, Taiwan – September 9, 2011 – TSC Auto ID Technology Co., Ltd. (TSC) is honored to be one of Forbes Asia's 200 Best Under A Billion companies. Among these, only 25 Taiwan companies make the list, with TSC being the only label printer company.
According to Forbes's selection of the Best under a Billion in Asia-Pacific, it began with a search for companies that show both sales and earnings growth. To qualify they must have annual revenue between $5 million and $1 billion and be publicly traded for at least a year. The universe is then screened for earnings growth, sales growth, and return on equity in the past 12 months and over 3 years.
Essentially these are Forbes picks of Asian companies (from an initial field this year of over 15,000) that have best managed through the economic volatility that began in 2008. Most navigated the global credit crunch with little to no debt on their balance sheets. On average the companies on the Forbes list have a 13% debt-to-equity ratio. In fact, 67 of these companies carry no debt at all.
TSC is honored and proud to be a part of this selection.
TSC Auto ID Technology Co. Ltd. (TSC) is a global provider of quality Auto-ID solutions for transportation and logistics, manufacturing and healthcare, industry and retail, offering a diversified line of innovative and reliable products with excellent quality. TSC has over 25 years of experience dedicated to barcode and label printers, with more than 4 million installed in over 90 countries. That puts the company, headquartered in Taiwan and producing in two own factories, into the top 5 manufacturers of thermal label printers in the world. TSC is traded on the Taiwanese stock exchange.