The twenty most profitable businesses, globally, have been revealed via business intelligence reports with Finance, Tech and natural resources companies dominating.
The company with the highest profits in the world today is the Industrial and Commercial Bank of China with revenues of $89 billion. Despite its net income from continuous operations currently at $43 billion, profits at the Chinese bank can be dramatically affected by government policy.
Add to this that its diversified bank products are shown to have ‘very high’ ratings in business risk exposure analysis, and its place in the No.1 spot isn’t necessarily guaranteed for the long-term.
Second is the US tech firm Apple, where business financial records show net income from continuous operations at $37 billion and revenues at $171 billion.