Top 8 Most Profitable Companies, the Winner from Saudi Arabia

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Cindy Mutia Annur 19/05/2022 09:40 WIB

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In 2021, Saudi Aramco was the world's most profitable company on the Forbes Global 2000 list.

World's Most Profitable Companies According to Forbes (April 2022)

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Top 8 Most Profitable Companies, the Winner from Saudi Arabia

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World's Most Profitable Companies According to Forbes (April 2022)

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Forbes released a list of the world's most profitable companies on Thursday, May 12, 2022.

Four metrics were used to create this list: sales value, profit, assets, and market value, based on the companies' financial data from April 2021 to April 2022.

Saudi Aramco was listed as the most profitable company, with a profit of US$105.36 billion. This is approximately equivalent to Rp1.547 trillion.

Saudi Aramco is an oil and gas company headquartered in Saudi Arabia. Aramco achieved fantastic profits after oil prices recovered in the second year of the Covid-19 pandemic. Fossil fuel prices have also surged since the Russian invasion of Ukraine in late February 2022.

Apple ranked second as the world's most profitable company until April 2022. The company founded by Steve Jobs and Steve Wozniak had a profit of US$100.56 billion.

The conglomerate Berkshire Hathaway ranked third with a profit of US$89.8 billion. Followed by Alphabet, Google's parent company, which recorded a profit of US$76.03 billion.

Here is a list of the world's most profitable companies according to Forbes as of April 2022:

1. Saudi Aramco: US$105.36 billion
2. Apple: US$100.56 billion
3. Berkshire Hathaway: US$89.8 billion
4. Alphabet: US$76.03 billion
5. Microsoft: US$71.19 billion
6. ICBC: US$54.03 billion
7. China Construction Bank: US$46.89 billion
8. JP Morgan Chase & Co: US$42.12 billion

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Top 8 Most Profitable Companies, the Winner from Saudi Arabia

Top 8 Most Profitable Companies, the Winner from Saudi Arabia

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Top 8 Most Profitable Companies, the Winner from Saudi Arabia

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