Autokid Truck Solutions has been recognized as the sole automotive company for two consecutive years in the ranking of the Philippines’ Growth Champions for 2024.
The PH Growth Champions 2024 is a list of the Top 30 companies in the Philippines that have achieved the highest percentage growth in revenues between 2019 and 2022. This list reflects on how Philippine businesses are utilizing the digitalization of their operations and adapting to new technologies.
Autokid’s Continued Growth
Last 2023, Autokid was also included in the rankings and was also the sole automotive company to be in the rankings.
“Several key factors that we believe drive our organization towards excellence and growth. Our commitment to excellence in service, continuous innovation, and world class process,” Eric Lim, Autokid’s executive vice president, shared.
At the end of 2023, we were awarded the Mabuhay Business Award MSMEs of the year under the medium category and were also able to successfully pass the ISO 9001:205 recertification audit.
The Growth Champion Selection Process
Led by the Philippine Daily Inquirer (PDI) and the Germany-based Statista, the world’s leading data and business intelligence portal, they invited companies to participate in the selection process if they meet the following criteria:
- Revenues of at least P5 million in 2019
- Revenues of at least P30 million in 2022
- The company must be independent (acts largely independently in its business decisions and does not derive financial benefits from its parent company)
- The company is headquartered in the Philippines
- The revenue growth between 2019 and 2022 was primarily organic (i. e. “internally” generated)
The ranking involved a complex process of certifying revenue figures and researching missing data in detail.
Autokid was able to meet all of the criteria set by PDI and Statista and was able to participate proactively in the certification of revenue figures by our chief financial officer and chief executive officer, making us qualified for a spot at the rankings.
We at Autokid Truck Solutions have always been committed to understanding our client’s goals and paving the way for them to achieve it. Being ranked amongst the Growth Champions for 2024 is a manifestation of not just our commitment to our clients, but also our adaptive and sustainable approach to clientele satisfaction.
We extend our gratitude to our clients who continue to support and partner with us in solving the Philippines’ mobility challenges and empowering communities through truck-related solutions.