CNBM, Conch, BBMG and Huaxin are on the Fortune China 500 list!

2024-07-25 17:27:04

The total revenue of the 500 Chinese companies listed this year reached $14.6 trillion in 2023, down about 3% from the previous year's list.

On July 25, Beijing time,

Fortune Chinese released the list of Fortune China's top 500 companies in 2024. The list uses the same methodology as the Fortune Global 500 and includes both listed and unlisted companies. The 500 Chinese companies on

this year's list will have a total revenue of $14.6 trillion in 2023, down about 3% from the previous year's list, and a net profit of $706.4 billion, down about 1.5% from the previous year. The annual revenue threshold for companies on this year's list is about $3.74 billion, up about 9% from last year's threshold.

Among them , China Building Materials Group, Conch Group, Jinyu Group and Huaxin Cement are listed.

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.