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Petronas ranked the world’s 8th most profitable company

Petroliam Nasional Bhd (Petronas) - The national oil company, which posted revenue growth of 40.9% The national oil company, which posted revenue growth of 14.9% with profits of US$18.1 billion is ranked the world’s 8th most profitable company in the recently published ranking by Fortune magazine. :up:

Top 10 most profitable companies- 2008 ranking (click to see larger image) (source: here)

Petronas is ranked among the big guns in the world namely - Exxon Mobil, Royal Dutch Shell, BP, HSBC, J.P Morgan, General Electric and so on. As you can see, the top 10 most profitable companies are dominated by oil operators - lead by Exxon Mobil (again) in first, followed by 5 others - Royal Dutch Shell, BP, Chevron, Total and Petronas. Notice that Petronas posted the highest profit growth of 40.9% among the top ten most profitable companies. :up:

Most profitable companies - 2007 ranking (click to see larger image) (source: here)

Petronas also moved up ten places from the previous 18th place and now is standing proud as Asia’s most profitable company. Petronas is the only Malaysian company in the list of Fortune Global 500 list.:up: Under the petroleum refining industry, ExxonMobil took the top spot in terms of profits (US$40.6bil) followed by Royal Dutch Shell in second place (US$31.3bil) and BP (US$20.8bil) third.

Petroleum refinining industry companies ranking by revenues, profits. (Click to see larger image) source: here)

Malaysia’s Petronas is ranked 16th in terms of revenue but in terms of profits, it is ranked 5th, just behind Chevron. With the achievement, Petronas beats the likes of Toyota, Bank of America, Microsoft, Vodafone, Wal-Mart, Nokia, Barclays, Goldman Sachs and a host of other industry leaders. :up::up:

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21 Responses to “Petronas ranked the world’s 8th most profitable company”

  1. |1f34|-|1r3 wrote on Jul 18, 2008 at 10:55 am

    petronas is a GLC company..so the government keeps all the checkbook and the actual account book..the profit that you see here is not necessarily the truth..they might have released to the press & public a lower figure than what they actually profitted !! :vangry:

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    bongkersz replied on July 18, 2008 at 12:41 pm:

    hahaha! still, petronas managed to put itself among the world’s top ten most profitable companies, even if they really ‘release a lower figure than what they actually profited’ hahaha!

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    |1f34|-|1r3 replied on July 19, 2008 at 12:28 am:

    yeah…they really need to stay on the top 10 at least..if not..PKR can comdemn meh..so let’s make it realistic than expecting noise later..that’s what Pak Lah might have said…or maybe the 4th floor boys whispering to Pak Lah’s ears…

    tetiba aku teringat citer Penyiasat Remaja Conan..haha… :grin:

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    bongkersz replied on July 19, 2008 at 1:46 pm:

    aku minat giler conan dengan penyiasat remaja haha! giler komik dulu.. pendekar laut, pedang setiawan, wira tunggal, alam perwira, johan bolasepak.. kira semua komik di pasaran lah aku baca.. :D

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    |1f34|-|1r3 replied on July 19, 2008 at 5:57 pm:

    Aku teringat time Conan nak solve misteri, dia tembak bius kat mamat tuh..sama cam Pak Lah la kot…KJ kasi bius sepam..lepas tuh dia cakap bg pihak Pak Lah…kuakuakuakua

    Johan Bola Sepak dh kuar balik..yg first edition Akaboshi Taka 0..tgh mengumpul kembali ni..baru no 3…haha :grin:

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  2. ahlost wrote on Jul 18, 2008 at 10:58 am

    Wah.. So profitable and yet still rompak the nation with fuel hike =.=

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    bongkersz replied on July 18, 2008 at 1:00 pm:

    not petronas rompak us.. the government rompak us.. :arrow:

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  3. |1f34|-|1r3 wrote on Jul 18, 2008 at 10:59 am

    oh by the way…pegi upgrade WP sblm aku buat pedajal ngan ko nyer WP… :grin:

    [Reply]

    bongkersz replied on July 18, 2008 at 1:19 pm:

    nanti lah hahaha! apa yang best wp 2.6?

    [Reply]

    |1f34|-|1r3 replied on July 19, 2008 at 12:29 am:

    apa yg best ? haha..entah la..yg ptg..security fix jer… :smile:

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  4. angeles wrote on Jul 18, 2008 at 12:08 pm

    kaya-raya…

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    bongkersz replied on July 19, 2008 at 1:47 pm:

    RM60b, what you can do with that money??? A lot!!!

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  5. melbie wrote on Jul 18, 2008 at 1:58 pm

    Wahhh… I want to work with Petronas… come lah.. hire me, Petronas… hehehe but not in the stesen minyak lah :up: :up:

    Petronas buys imported goods for the staffs.. so the very best, man!! Isk.. hopefully will get invited to go to Miri again this year.. muahahha

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    bongkersz replied on July 19, 2008 at 1:50 pm:

    buy imported goods for the staffs? you mean they give presents to the employees?? no wonder we have so much leakages..

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    melbie replied on July 21, 2008 at 9:42 am:

    not present, but “facilities”… got xbox some more for the recreation thingy.. all the kitchen appliances are mostly from US or German y’know :P and so does the rest of facilities I guess

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  6. Extremist Thinker wrote on Jul 18, 2008 at 3:04 pm

    :lol: a ah. mungkin saudara btol. mungkin saya jugak silap. sebab nak kaji acc petronas tak pandai sgt. saya kira based on penggunaan sehari dikumpul menjadi jumlah tahunan darab dengan harga pasaran je. pastu calculate balik dengan penjimatan saudara DSAI (simple calculation je bro). tak kan menjadi 50c punya. kalau tak cakap camnie, nnti rakyat mesia esp orang kampung macam saya termakan kata2 orang politik. sbb mereka nak survive kita kna phucked mcm kamasutra. buat camnie, at least ade jugak orang macam saudara sedar. kalau nk di ikut fakta kerajaan dengan penjimatan subsidi tue wallahulam. saya tak sepakar itu. thx drop comment. :up:

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    bongkersz replied on July 19, 2008 at 1:54 pm:

    :lol: you are right :up: baguslah kita boleh berbincang tentang sesuatu isu dari menyalahkan satu sama lain. kiraan saudara betul, penggunaan sehari tetapi harus diingat, kerajaan cuma membayar subsidi kepada minyak yang dijual oleh syarikat minyak asing kerana syarikat-syarikat ini menjual minyak pada harga pasaran dan harga di pam minyak adalah setelah kerajaan membayar perbezaan harga pasaran dan harga di pam. oleh itu, mungkin 50-60% sahaja jumlah penggunaan seharian yang perlu disubsidi, pada pendapat saya. lagipun, mengapa perlu subsidi minyak yang dikeluarkan oleh negara sendiri - petronas?

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  7. AyUmi wrote on Jul 18, 2008 at 4:20 pm

    waaa.. BP no.4. no wonder my sister kaya raya :kiss:

    [Reply]

    bongkersz replied on July 19, 2008 at 2:09 pm:

    then you mintak lah sikit, raya dah dekat.. :P hehehe…

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  8. clement wrote on Jul 18, 2008 at 4:48 pm

    what the fuck… the ARE the most profitable…in terms of %…. even the super big company have less profit than them. something is wrong!

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    bongkersz replied on July 19, 2008 at 2:06 pm:

    haha! i am sure fortune magazine, being a reputable magazine check their source properly before they published the ranking. so, all this crap about petronas making less money is crap.

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