The leaders in profit were Apple (second place), JPMorgan Chase & Co (sixth place), Alphabet in (seventh place) and Bank of America (ninth place). Apple received almost twice as much annual profit as JPMorgan Chase ($ 59.5 billion against $ 32.4 billion), but at the same time the figure is half less than that of Saudi Aramco ($ 111.0 billion).
According to Fortune, the list of the 10 most profitable companies in the world (regarding the amount of profit for the last year) looks as follows:
• Saudi Aramco – $ 110.9 billion
• Apple – $ 59.5 billion
• Industrial & Commercial Bank of China – $ 45 billion
• Samsung Electronics – $ 39.8 billion
• China Construction Bank – $ 38.4 billion
• JPMorgan Chase & Co – $ 32.4 billion
• Alphabet – $ 30.7 billion
• Agricultural Bank of China – $ 30.6 billion
• Bank of America – $ 28.1 billion
• Bank of China – $ 27.2 billion
The top 10 most profitable companies include 4 state-owned Chinese banks, as well as the South Korean conglomerate Samsung Electronics. Industrial & Commercial Bank of China takes the third place in terms of profit after Saudi Aramco and Apple. Its annual profit is $ 45 billion, and the company tops the list of the 10 most profitable firms in terms of assets ($ 4 trillion) and employees (449 thousand). For comparison, the largest US bank, JPMorgan Chase, has a profit of $ 32.5 billion, assets of $ 2.6 trillion, and the number of its employees reaches only 256 thousand.
source: fortune.com
