Image default
Greek News

The Most Profitable Companies in the World (infographic)

Apple has long been known as the world’s most profitable company, but those days are over. By preparing to be publicly listed, Saudi state oil company Saudi Aramco had to disclose company reports and was subsequentially rated by Moody’s to have earned US$111.1 billion in 2018, far surpassing competitors.

In fact, the Saudi company’s net profit equaled that of Apple, Google parent company Alphabet and Exxon Mobil combined, according to -. Previously, Saudi Aramco’s accounts had remained mostly secret since the company was nationalized in the 1970s.

Since profits are known only for publicly listed companies or those planning to become listed on a stock exchange, the earnings of a large number of companies around the world, especially state companies, remain unknown and are not included on the list. Saudi Aramco’s IPO was originally scheduled to take place in the previous year but has been rescheduled for 2021.

source statista

Σχετικα αρθρα

The Lamborghinis sold in Greece amid the Covid-19 lockdown (photos)

admin

AT&T announces $43 billion deal to merge WarnerMedia with Discovery

admin

Economics Professor: UFOs could be a big deal for the economy

admin

The oldest depiction of Jesus Christ and of the Crucifixion is located in Mount Sinai Monastery

admin

China Is the World’s Manufacturing Superpower (infographic)

admin

SpaceX accepts Dogecoin as payment to launch lunar mission next year

admin

European Commission approves € 500m for Greek food service sector

admin

FT: Greek GDP estimated to rise substantially Finance Houses say

admin

Which Greek company saw its profits skyrocket by 649%?

admin

2021: Year of the Cryptocurrency (infographic)

admin

Organised beaches to open on Saturday across Greece

admin

Greek state goes to markets – €14-bln offers for 5-year bond

admin