CONGLOMERATE San Miguel Corp. was among the top 10 of the maiden Fortune Southeast Asia 500, which ranks companies according to the size of their revenues.
Ayala Corp. was ranked 70th, with $5.21 billion; GT Capital Holdings Inc. at 74th with $5.1 billion; fast food company Jollibee Foods Corp. at 86th with $4.39 billion; Lucio Co’s Cosco Capital Inc. was at 95th with $3.85 billion. The top 10 of the list was dominated by Singapore companies, led by the Trafigura Group as number one with $244.28 billion, followed by Thailand’s PTT with $90.4 billion and Indonesia’s Pertamina with $75.78 billion.
Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations. For banks, revenue is the sum of gross interest income and non-interest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.
Source: News Formal (newsformal.com)
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: gmanews - 🏆 11. / 68 Read more »
Source: MlaStandard - 🏆 20. / 55 Read more »
Source: gmanews - 🏆 11. / 68 Read more »
LIVE UPDATES: San Miguel vs Meralco – PBA Philippine Cup Finals Game 6Meralco tries to close out the series and capture its first ever PBA championship, while San Miguel looks to stay alive and even the Philippine Cup Finals at 3-3
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: manilabulletin - 🏆 25. / 51 Read more »
Source: gmanews - 🏆 11. / 68 Read more »