List of largest companies in Singapore

This article lists the largest companies in Singapore in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2024 Fortune list

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This list displays the top 20 Singaporean companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Name Industry Revenue
(USD millions)
Profits
(USD millions)
Employees Headquarters
1 Trafigura Commodity 244,280 7,393 12,479 Singapore
2 Wilmar International Food production 67,155 1,525 100,000 Singapore
3 Olam International Agriculture 35,953 208 65,980 Singapore
4 Flex Ltd. Electronics 26,415 1,006 148,115 Singapore
5 DBS Bank Banking 25,608 7,495 40,770 Singapore
6 United Overseas Bank Banking 19,733 4,254 32,340 Singapore
7 United Overseas Bank Banking 19,733 5,229 33,330 Singapore
8 Singapore Airlines Airline 14,141 1,989 16,643 Singapore
9 Sea Ltd E-commerce 13,064 163 62,70 Singapore
10 Singtel Telecommunications 10,648 1,620 24,070 Singapore
11 Golden Agri-Resources Agriculture 9,756 198 100,800 Singapore
12 ST Engineering Technology 7,523 437 26,779 Singapore
13 Yanlord Land Group Real estate 6,130 -132 11,530 Singapore
14 Singapore Power Utilities 5,443 752 3,584 Singapore
15 Seatrium Shipbuilding 5,431 -1,502 22,747 Singapore
16 PSA International Logistics 5,285 1,089 49,000 Singapore
17 Sembcorp Utilities 5,244 702 5,063 Singapore
18 Keppel Ltd. Real estate 5,188 3,029 12,245 Singapore
19 Housing and Development Board Real estate 4,503 12 5,516 Singapore
20 Japfa Agriculture 4,429 -31 37,668 Singapore

2024 Forbes list

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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023/24. All 10 companies from Singapore are listed.[2]

Rank Forbes
2000 rank
Name Headquarters Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1 138 DBS Bank Singapore 26.2 7.5 560.7 75.3 Banking
2 219 Oversea-Chinese Banking Singapore 18.6 5.2 440.8 48.3 Banking
3 240 United Overseas Bank Singapore 20.2 4.3 396.9 37.6 Banking
4 462 Wilmar International Singapore 67.2 1.5 61.8 14.7 Food production
5 619 Singtel Singapore 10.6 2.4 34.5 29.7 Telecommunication
6 697 Singapore Airlines Singapore 14.1 2.0 33.4 15.0 Airline
7 1254 Keppel Ltd. Singapore 5.2 3.0 20.3 8.9 Electronics
8 1254 Olam International Singapore 35.9 0.2 25.6 3.3 Agriculture
9 1777 CapitaMall Trust Singapore 1.2 0.6 18.8 9.9 Real estate
10 1999 CapitaLand Singapore 2.2 0.1 25.9 10.0 Real estate

See also

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References

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  1. ^ "Fortune Southeast Asia 500 – The largest companies in the region by revenue". Fortune. Retrieved 20 August 2024.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 18 May 2021.