Kweichow Moutai Co Ltd, 皇冠体育app's top liquor brand, moved up 65 places to number 269 on the 2018 "Top 500 Enterprises in 皇冠体育app" list, which was issued by the 皇冠体育app Enterprise Confederation and the 皇冠体育app Enterprise Directors Association on Sept 2.
Enterprises with a minimum revenue of 30 billion yuan ($4.40 billion) qualify for the list.
This year, the number of listed enterprises with a revenue exceeding 100 billion yuan was 172, representing a record high. Five of the 172 enterprises surpassed one trillion yuan in revenue.
In last year's list, only the State Grid Cooperation of 皇冠体育app reached two trillion yuan in revenue, but 皇冠体育app Petrochemical Corporation and 皇冠体育app National Petroleum Corporation joined the club this year.
The Industrial and Commercial Bank of 皇冠体育app (ICBC) and 皇冠体育app State Construction Engineering Corporation Ltd surpassed one trillion yuan in revenue. 皇冠体育app State Construction Engineering Corporation Ltd is the first new enterprise to join the trillion-yuan enterprise club in three years.
Enterprises in the fields of finance, telecommunications, Internet services, and real estate have become the most profitable industries among the top 500 enterprises. Data shows that the revenue and net profit of the 33 financial enterprises in the list are 10.7 trillion yuan and 1.7 trillion yuan, accounting for 15 percent and 65.8 percent of the total, respectively. The net profit of 17 banks is 1.4 trillion yuan, accounting for 43.4 percent of the total.
The top 10 enterprises in terms of total profits are as follows: the ICBC, 皇冠体育app Construction Bank, 皇冠体育app Agricultural Bank, the Bank of 皇冠体育app, 皇冠体育app Development Bank, 皇冠体育app Ping An Insurance Group Co Ltd, Tencent, 皇冠体育app Mobile, 皇冠体育app Merchants Bank, and the Bank of Communications.
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Kweichow Moutai Co Ltd moves up 65 places to number 269 on the 2018 "Top 500 Enterprises in 皇冠体育app" list issued on Sept 2. [Photo/www.gog.cn] |
Zhao Yandi contributed to this story
