23 Pharma companies among Global 500, two of them are China-based ones

Date:2019-09-24 Views:1319

On July 19, Fortune China released the Fortune Global 500 list. The 500 companies on the list created a total revenue of nearly USD 30 trillion, up 8.3% year on year. Total profits hit a record USD 1.88 trillion with a year-on-year increase of 23%. Return on sales reached 6.3% and return on equity 10.9%, both of which exceeded those of last year.


Of these, Wal-Mart ranks the world's largest company for the fifth year in a row, and three Chinese companies -- State Grid Corporation of China, Sinopec and PetroChina -- continues to hold the top four spots. Shell Oil Company rose to fifth place, forcing Toyota into sixth place.


In terms of industry, there are 23 pharmaceutical companies on the list this year, including 12 in the United States, three in Germany, two each in China and Switzerland, and one each in England, Japan, France and Ireland.


Topping the list of pharmaceutical companies is the United States-based McKesson, followed by CVS HEALTH, AmerisourceBerge, Cardinal Health and Express Scripts.


Two China-based companies are also among the list, including ChinaResources ranking 86th and China National Pharmaceutical Group Corporation ranking 194th.


In addition, there are also many pharmaceutical companies in the sub-lists. Pfizer and Sanofi are among the "top 50 most profitable companies", Boehringer Ingelheim is among the list of loss-making firms, Abbott is in the list of companies which are listed for the first time and listed again, ChinaResources is rated as the company with the largest number of employees, and Rite Aid is among the list for the company whose ranking rises or drops most places.


Source: quoted from local pharmaceutical TV station
Written by: SARAH

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