Every sort of company has become a sort of importance in the world. Be it in any sector, it is essential to know about them. These companies have gained the ranks based on their sales, profits, assets and market values. As per Forbes, these are the leading companies of the world on the basis of profit in their own sectors. Therefore, the top 20 companies of the world are as follows:
Top Banking Sector
Banking is an essential part of the world. The mentioned below companies are the leading banking sectors of the world:
Industrial and Commercial Bank of China is the largest bank in the world. It is because of the capitalization and is the largest since 2017. Its sales is $171.1B and profit $44.2B.
This is the leading American international bank holding financial services. Its profit is $22.7B and sales is $91.4B.
China Construction Bank
This is one of the four big companies of China. The profit is $36.4B and sales were $146.8B. In 2015, it was the 2nd largest company in the market and 6th in the world.
JP Morgan Chase & Co.
It is Chicago based largest bank in US. It is also the world’s third largest bank. The profit is $23.5B and sales is $99.9B.
Bank of China
Legally, this bank is separated from Bank of China and is one of the biggest commercially owned banks. It is the fourth largest bank in the world by its assets. The profit is $27.2B and sales is $122B.
Agricultural Bank of China
This is one of the leading banks in People’s Republic of China and is the world’s third largest bank based on its assets. It earns a profit of $28.8B and sales is $131.9B.
This ranks in the seventh largest bank in the world by its total assets. It is a multinational bank and financial services providing company from Hong Kong. It earns a profit of $13.5B when the sales is $70.3B.
With its branches everywhere, this is the fourth largest bank in United States. The profit earned by the bank is $15.8B and sales are $85.9B.
Bank of America
It is 9th largest bank in the world. It is also a multinational banking company. The profit is $15.8B and the sales are $91.5B.
Top Tech companies in the World
Technology is an essential part of human life. Several tech companies are emerging as promising ones. Therefore, this article brings to you the leading tech companies of the world:
Not unknown, this is one of the leading American multinational technology company. It is involved in developing and selling electronics, computer software and other services.
China Mobile is third largest telephone operating company. It provides mobile and multimedia services worldwide. It has a profit of $17.1B and sales of $107.8B.
It is fifth largest provider of video services. It is an American multinational telecommunication and corporate sector. The profit is $18B and the sales are $131.8B.
It is 8th largest private employer. It is an American company with profit of $24.1B and sales of $210.8B.
It is the largest dealer of electronic mobile and personal devices. The profit is $16.5B and sales are $177.3B.
It is the largest telephone operating company by revenue. It is an American multinational company with profit of $13.2B and sales of $146.8B.
Top Insurance Providers in the World
It is pretty much essential to have an insurance. This insurance providing company is the world’s largest earning:
Ping an insurance company
It is a Chinese company which basically provides insurance services, banking and also Financial Services. The profit is $8.7B and sales are $98.7B.
Best Automobile Companies
Even in the field of automobile, there are certain cars which are essential. Therefore, the leading automobile company is as follows:
It is the 5th largest automobile manufacturing company in the world. It is a Japanese company with profit of $19.3B and sales of $235.8B
Other Companies that make it to Top 20
It is the 10th largest company of world by revenue. It is multinational oil and Gas Corporation. The profit is $16.2B with the sales of $236.8B.
It is the largest private employer in US. It has markets departmental stores and grocery stores. The profit is $14.7B and sales are $482.1B.
It is world’s fourth largest oil and gas company by revenue. The profit is $5.7B and sales are $274.6B.