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5 Philippines Top Corporations are on Forbes’ list of the World’s Greatest Companies

Filipino Companies are Globally Competitive! Check these 5 Top Companies!

Photo Credits to Procore

The Forbes Global 2000 list categorizes the world’s largest and most valuable firms and again acknowledged SM Investments, BDO Unibank, Top Frontier Investment Holdings, Ayala Corporation, and Metropolitan Bank and Trust Co.

Since LT Group was dropped from the rankings, just five Philippine businesses made it to the list this year, down from six in 2021.

The Forbes Global 2000 rates businesses based on four factors: sales, profits, assets, and market value in the last 12 months. The companies in the list are often considered the best in their fields.

READ ALSO2 Filipina included in Forbes’ ” 50 over 50 ” Asia 2022 list

Warren Buffett’s Berkshire Hathaway led the list this year, followed by China’s ICBC, with Saudi Arabian Oil Company, JP Morgan Chase, and China Construction Bank rounding out the top three. Amazon, Apple, Agricultural Bank of China, Bank of America, and Toyota Motor placed sixth and seventh, respectively.

Top Philippine Companies in Forbes Global 2000

Top Philippine Companies in Forbes Global 2000
Top Philippine Companies in Forbes Global 2000

SM Investments was the highest-ranking of the 5 Filipino corporations, coming in at 1008th place. SM Investments had $8.14 billion in revenue, $781 million in profit, $26.1 billion in assets, and a market value of $20.01 billion.

BDO Unibank, another Sy family company, finished second with $4.28 billion in sales, $904.2 million in profit, $69.48 billion in assets, and $11.32 billion in market value.

With $17.34 billion in sales, $44 million in profit, $41.25 billion in assets, and $745 million in market value, San Miguel Corporation’s holding company Top Frontier Investment Holdings is the third highest-ranking Philippine firm on the list.

With $4.58 billion in revenue, $563.4 million in profit, $26.5 billion in assets, and $8.96 billion in market value, Zobel’s Ayala Corporation placed fourth overall.

The Ty family’s Metropolitan Bank and Trust Co. was the final Philippine company to reach the Forbes Global 2000 list. With $2.34 billion in sales, $449.5 million in profit, $49.11 billion in assets, and $4.76 billion in market value, Metrobank was ranked 44th in the world.

The list of 2000 companies has raised $47.6 trillion in revenue, $5 trillion in earnings, $233.7 trillion in assets, and $76.5 trillion in share value. There were 590 American firms on the list, 351 Chinese/Hong Kong companies, and 196 Japanese corporates among the 58 nations represented.

Congratulations to the top Philippine Companies in Forbes Global 2000!

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Written by Kharl Anthony Calleno

Social Good Advocate | Foodie | EDITOR
📍Cebu, Philippines
 
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