Forbes has released its 20th annual ranking of the world’s top-performing conglomerates for the year 2023.
JP Morgan secured the first position for the first time since 2011, followed by Saudi Aramco and three Chinese state-owned banks led by ICBC.
The ranking encompasses companies from 58 countries, with the US having the highest representation of 611 companies, followed by China with 356 companies. Thailand has 17 companies honored on this year’s list. The selection criteria are based on four factors: revenue, profit, assets, and market value.
1. PTT Plc (rank 238)
Read the rest of Forbes’ Global 2000 list includes 17 Thai companies on Thailand Business News