Top 1000 Latin American Companies Reach Net Income of US $100.7 Billion
What: Latin Trade has published its annual ranking of the Top 1,000 Latin American Companies by revenue, total assets and net income.
Why it matters: The net income of the 1,000 companies in the most recent LT1000 ranking reached $100.7 billion, down from the $121 billion from last year.
The net income of the 1,000 companies in the most recent LT1000 ranking reached $100.7 billion, down from the $121 billion from last year.
Maintaining their spot among the top 5 are Petrobras, with a 5,034 percent jump in net income compared with the previous year; Pemex (+20 percent); América Móvil (+1.7 percent); JBS (-4.9 percent) and Vale (+5.8 percent).
The LT1000 ranks Latin America's 1,000 largest, non-financial, publicly listed companies by revenues, assets and EBITDA.
The sectors covered in the ranking are:
- Agriculture & Fisheries
- Home Appliances
- Electric Power
- Food & Beverage
- Industrial Machinery
- Oil & Gas
- Pulp & Paper
- Software & Data
- Vehicle & Parts
To read the full document visit Latin Trade: https://latintrade.com/2019/07/30/latin-americas-top-1000-companies-2019/?v=0b98720dcb2c