US Company Walmart tops Fortune’s ranking of the World’s 500 Largest Companies 2022 for the ninth yera in a row, a statement which takes the previous year’s revenue as its criterion confirmed.<\/p>\n
Collectively, the 500 companies invoiced $37.8 trillion, representing a 19 percent growth in revenue compared to the 2021 list.<\/p>\n
Walmart, which tops the list, had revenues of USD 573 billion, and its retail sales also grew by 2.4 percent. Profits increased by 1.2 percent, relative to 2021.<\/p>\n
Apart from Walmart, in the top five are companies such as the American Amazon and the Chinese State Grid, Energy, China National Petroleum and Sinopec.<\/p>\n
Amazon’s revenue was close to $469 billion, the highest value ever achieved by the company.<\/p>\n
The energy sector was the best performer in terms of profits, reaching $485 billion.<\/p>\n
21 of the 500 companies made their debut on the list, while 23 returned after a hiatus of at least a year.<\/p>\n
For the first time, revenues of companies from China (including Taiwan) exceeded those of US firms.<\/p>\n
China has the largest number of companies on the list – 145. The US comes second with 124 while Japan is third with 47.<\/p>\n
In all, still, Fortune Global 500 companies in 2022 employed 69.6 million people. And the number of female CEOs rose to 24 this year, up from 23 last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
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