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6 Ningbo enterprises listed in top 500 of Fortune of China
- Details
- Category: Ningbo Business
- Published: Tuesday, 23 July 2013 08:23
The other day, Fortune (Chinese version) announced the list of top 500 of China 2013. In the list are six enterprises of Ningbo.
On the list of top 500, the first and the second are still Sinopec Corp. and PetroChina, and the third is China Mobile. Of the enterprises of Ningbo on the list, Long Yuan Construction Group Co.,Ltd. (for 13.993 billion yuan), and in the next are Youngor, Bank of Ningbo, Ningbo Construction Engineering Co., Ltd., Shenzhou and Port of Ningbo. The business turnover of each of the first three is above 10 billion yuan. Of the enterprises of Ningbo, Shenzhou is on the list for the first time.
In terms of profit, Kweichow Moutai Co., Ltd. ranks the first. It ranks the 184th on the list, for its sales value of 26.46 billion yuan, with the profit reaching 13.31 billion yuan, and the profit rate as high as 50%. After Moutai are Industrial and Commercial Bank of China and Bank of Nanjing, for the profit rate as high as 44%. Of the enterprises in Ningbo, the one with the highest profit rate is Bank of Ningbo. Bank of Ningbo, ranking the 377th on the list of top 500, has its turnover reaching 10.342 billion yuan. Its profit reaches 4.068 billion yuan, and the profit rate is as high as 39.33%.
The candidates for the top 500 of China are all the Chinese companies listed home and abroad and the data are the information the listed companies officially released in the stock exchanges.
