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Browsing: 2023 Most Profitable Global Firms
- 2023 Most Profitable Global Firms were dominated by players in the Energy, Finance and Technology sector.
- Saudi Aramco, with $159.1 billion in profits dominates as the world’s most profitable energy company, capitalizing on vast oil reserves.
- Energy sector leads with a 24.56 per cent profit share, amassing $711.6 billion from 88 companies, highlighting its dominance in the global market.
A study on the 2023 Fortune 500 reveals that most profitable global companies amassed a colossal US$2.9 trillion in profit. The Most Profitable Global Firms 2023 were dominated by players in the energy, finance and technology sector.
The top 10 companies alone accounted for $689.8 billion, or 24 per cent, of this total. Each company in this elite group averages an impressive $69 billion in profit. Leading the pack are Saudi Aramco, Apple, and Microsoft, respectively, as the most profitable.
The research conducted by growandconvert.com further uncovers that the top three …