Latin America Company Revenues Up 13%

Colombian state oil company now ranks among the most profitable companies in Latin America after a 323 jump in net income. (Photo: Ecopetrol)


Despite Pemex losses, energy outperforms Latinvex 500.

BY JOACHIM BAMRUD

Latin America’s top 500 companies outperformed economic growth in the region last year, posting a 12.5 percent increase in revenues, significantly higher than the GDP increase of 1.3 percent, according to the latest Latinvex 500.

The ranking uses data for 2017 from individual companies and Economatica.

Profits, though, barely inched up. The profit growth would have been higher if not for major losses at Mexican state oil company Pemex, which offset a dramatic turnaround at Brazilian state oil company Petrobras.

Pemex saw its loss jump from ...

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THE KEY NUMBERS

Latinvex 500 (2018): The Full Ranking

Latinvex 500 (2018): Most Profitable

Latinvex 500 (2018): By Alphabetical Order 

 

 

THE MULTINATIONALS

Latinvex 500 (2018): Top Multinationals by Revenues

Latinvex 500 (2018): Top Multinationals by Revenue Growth

 

 

KEY SECTORS

Latinvex 500 (2018): Top Energy Companies

Latinvex 500 (2018): Top Technology Companies