PHINMA placed 21st in the Philippines Growth Champions 2024 list by the Philippine Daily Inquirer and Statista, which features thirty firms with the highest percentage growth in revenues from 2019 to 2022.

From P11.32 billion in 2019, the Company’s revenues rose to P17.66 billion in 2022. These led to an annual growth rate (AGR) of 55.98% and compounded AGR of 15.97%.

To make it to the list, a company must be headquartered in the Philippines; independent; and report revenues of at least P5 million in 2019 and P30 million in 2022. These revenues must also exhibit “primarily organic” growth during the period.

“The list of Growth Champions reflects Philippine businesses’ growing digitalization and dependence on new technologies,” said PDI.

The listed firms hail from various sectors like construction and engineering, employment services, e-commerce ventures, information technology and software, financial technology services, and real estate.