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The world’s top 10 most profitable companies

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Companies are battling for customers and the best in terms of strategies usually gets the largest chunk of the market.

Apple got a boost following the release of its iPhone 6 and iPhone 6 Plus and now it takes the second position as the most profitable company in the world.

Income from continuing operations excludes extraordinary and discontinued items from earnings. It is a very important indicator of the profitability of a company. The net income may not reflect so much on profitability.

The recent survey lists the following companies as the most profitable in the world.

10. Microsoft Corporation

MICROSOFT

• Net income from continuous operations is $22.1 billion
• The country of incorporation is United States
• The industry under which it falls is Systems software
• The total revenue is $86.8 billion

9. BP plc

BP

• Net income from continuous operations is $23.5 billion
• The country of incorporation is United Kingdom
• The industry under which it falls is Integrated oil and gas
• The total revenue is $379.6 billion

8. Bank of China Ltd.

BANK OF CHINA

• Net income from continuous operations is $25.5 billion
• The country of incorporation is China
• The industry under which it falls is Diversified banks
• The total revenue is $63.3 billion

7. Agricultural Bank of China Limited
• Net income from continuous operations is $27.1 billion
• The country of incorporation is China
• The industry under which it falls is Diversified banks
• The total revenue is $68.2 billion

6. Samsung Electronics Co., Ltd.

SAMSUNG

• Net income from continuous operations is $27.2 billion
• The country of incorporation is South Korea
• The industry under which it falls is Technology hardware, storage and peripherals
• The total revenue is $216.6 billion

5. Exxon Mobil Corporation

EXXONMOBIL

• Net income from continuous operations is $32.6 billion
• The country of incorporation is United States
• The industry under which it falls is Integrated oil and gas
• The total revenue is $393.7 billion

4. China Construction Bank Corporation

CHINA CONSTRUCTION BANK

• Net income from continuous operations is $34.9 billion
• The country of incorporation is China
• The industry under which it falls is Diversified banks
• The total revenue is $76.9 billion

3. Gazprom OAO.
• Net income from continuous operations is $35.7 billion
• The country of incorporation is Russia
• The industry under which it falls is Integrated oil and gas
• The total revenue is $156.6 billion

2. Apple Inc.

APPLE

• Net income from continuous operations is $37.0 billion
• The country of incorporation is United States
• The industry under which it falls is Technology hardware, storage and peripherals
• The total revenue is $170.9 billion

1. Industrial and Commercial Bank of China Limited

Industrial and Commercial Bank of China Limited

• Net income from continuous operations is $42.7 billion
• The country of incorporation is China
• The industry under which it falls is Diversified banks
• The total revenue is $89.4 billion

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