Here Are the World's Most Profitable Companies

9. BP Plc: BP is the integrated oil and gas company in the world, which is also the third most profitable ‘energy’ company in the world. Its net income from cont. operations is $23.5 billion and revenue is $79.6 billion. Despite the fact that the Gulf of Mexico oil spill continued to weigh on its profitability, BP swam against the current. Last year, BP also recorded a gain of $12.5 billion on the sale of its 50 percent stake in TNK-BP, which is very unusual in the company. BP has recorded billions in gains from such sales in each of its last three fiscal years. In return for selling TNK-BP to Rosneft, BP also grew its stake in the Russian oil giant to nearly 20 pct.

8. Bank of China: This bank’s history dates back to 1912, when its founding was approved by the founding father of the Republic of China, Sun Yat-sen. The prestigious bank of China has kept his legacy intact. The bank has played crucial role many a times since its establishment—from being a Central Bank of China to handling the foreign exchange operations of the country. In 1994, it became a fully state-owned commercial bank, and in 2006. The bank has since grown to a massive size and the reported net income from continuing operations exceeded $25.5 billion in 2013. By the end of 2013 fiscal year, the bank was still more than two-thirds owned by the Chinese government through a state-owned enterprise.

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