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Latin America: Profits Plunge on Pemex
Publish in Special Reports - Thursday, June 11, 2020
Mexican state oil company Pemex again leads all losses on the Latinvex 500. (Photo: Pemex)
While Brazil, Colombia state oil companies lead profits in Latin America.
BY JOACHIM BAMRUD
Latin America’s top 500 companies suffered a 30 percent decline in profits thanks in large part to record losses at Mexican state oil company Pemex, according to the latest Latinvex 500. The ranking uses data from individual companies and Economatica.
Pemex is once again the worst performer, with its losses higher than all the other 71 money-losing companies on the Latinvex 500.
In contrast, the state oil companies of Brazil (Petrobras) and Colombia (Ecopetrol) led the way in profits on the ranking.
All in all, the Latinvex 500 saw profits of ...
THE KEY NUMBERS
Latinvex 500 (2020): The Full Ranking
Latinvex 500 (2020): Most Profitable
Latinvex 500 (2020): By Alphabetical Order
THE MULTINATIONALS
Latinvex 500 (2020): Top Multinationals by Revenues
Latinvex 500 (2020): Top Multinationals by Revenue Growth
THE COUNTRIES
Latinvex 500 (2020): Key Data by Country
Latinvex 500 (2020): Argentina's Top Companies
Latinvex 500 (2020): Brazil's Top Companies
Latinvex 500 (2020): Chile's Top Companies
Latinvex 500 (2020): Colombia's Top Companies
Latinvex 500 (2020): Mexico's Top Companies
Latinvex 500 (2020): Peru's Top Companies
