SM
Investments Corporation (SM Investments) leads Philippine firms in the Forbes
2023 Global 2000, the 21st annual ranking of the world's largest public
companies. Only four Philippine firms made it to the list.
SM
Investments ranked #871, climbing 137 spots from last year's 1008th place,
while its banking arm, BDO Unibank ranked #903 in the global list, up by 202
spots.
The
Global 2000 ranks the world's largest companies based on sales, profits,
assets, and market value. The 2023 list represents companies with $50.8
trillion in sales, $4.4 trillion in profits, $231 trillion in assets, and $74
trillion in market value. While cumulative profits, assets, and market value
have decreased slightly from the previous year, total revenue has exceeded $50
trillion for the first time.
The
Global 2000 list comprises publicly traded companies from 58 countries.