Blockbuster news! Companies like CNBM, Conch Group are listed in the Fortune Global 500

Byzengjiaming12

Updated Fri, 06 Aug 2021 11:46:46 GMT

OnAugust2,2021,Beijingtime,"Fortune"PLUSofficiallyreleasedthelatestFortuneGlobal500rankingsinlinewiththerestoftheworld.Amongthem,ChinaNationalBuildingMaterialGroupCo.,Ltd.ranks177th,up10placesfromthe187thplacein2020.TherankingofAnhuiConchGroupCo.,Ltd.hasbeenadvancedto315thfromthe367threleasedin2020.

Besides,therankingsofcompaniesthatincludecementinrelatedbusinessesareasfollows:ChinaResourcesCo.,Ltd.ranks69th;ChinaEnergyConstructionGroupCo.,Ltd.ranks301st.

UndertheinfluencetheCOVID-19epidemic,theoperatingincomeoftheFortuneGlobal500companiesthisyearisapproximately$31.7trillion,withadecreaseof5%year-on-year.Thethreshold(minimumsalesrevenue)toenterthelistalsodroppedfrom$25.4billionto$24billion.

AlthoughtheCOVID-19epidemicin2020hasbroughtoperatingdifficultiesforcompanies,theaveragesalesrevenueandaverageprofitoftheChinesecompaniesonthelistarebasicallythesameaslastyear.Atthesametime,duetotherapidrecoveryfromtheepidemic,Chinesecompaniesinthelisthavenotonlyexpandedtheirnumericaladvantages,butalsoimprovedtheirbusinessperformanceinhorizontalcomparison.