Guess which tops the list with unbelievable $141.7billion revenues.
The combined sales of Singapore’s top companies has cracked the S$2 trillion mark according to the Singapore 1000 ranking released by DP Information Group (DP Info).
The Singapore 1000 ranks the largest and most successful 1,000 companies in Singapore. The financial results of more than 40,000 companies are analysed to arrive at the final list.
The combined sales of Singapore’s corporate leaders increased by an impressive 21.7 per cent, from S$1.98 trillion in 2012 to S$2.42 trillion in
Shell Eastern Trading tops the list with $141.7billion revenues and 42.1 billion profits.
According to Ms Chen Yew Nah, Managing Director of DP Info, the S$2 trillion mark is a significant milestone.
“Cracking the S$2 trillion mark is remarkable given S$1 trillion in sales was only achieved in 2007. And during the last six years the world suffered a
major economic crisis.”
Wilmar, ranked 3rd also raked in more than $2billion profits.
Jardine Cycle & Carriage, ranked 14th, however was the most profitable with $3 billion profits.
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