Monday, October 14, 2013

The Planet’s 10 Most Profitable Companies

In the business industry, there are considered to the most profitable companies who excel while there are those who are not.  To know more about the most profitable ones, Insider Monkey made a blog about "The Planet’s 10 Most Profitable Companies".

Each year, Fortune releases its ranking of the world’s largest 500 corporations, according to the revenue generated in the previous fiscal year. But which of these corporations has proved to be the most profitable? Generating a high amount of revenue is one thing, but making a profit is an entirely different matter. Even though it is presumable that a company with a substantial revenue makes an impressive profit, the two figures are not necessarily proportional. Some corporations may have higher running costs, which can significantly diminish their profit margin. Similarly, others may have a lower revenue, but can compensate with low running costs, which equals a higher profit.

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