Are you interested in the largest construction companies in the world? If so, let’s read through Insider Monkey’s latest article. As you probably know, the construcion industry is among the largest and most profitable industries in the world. As a matter of fact, it is predicted to reach $3.2 trillion in dollars by 2040.
The top constrction companies have almost one trillion dollars of revenue every year. Actually, their profits were more than $29 billion dollars, and the assets was worth $1.6 trillion. These are incredibly large numbers, but show how big and influential the construction industry is with its global one million employees. And now, let’s check out two of the companies from Insider Monkey’s list. As you must probably have got used to it, we present you with a short summerize, but if you want to gain more detailed information, please jump to the largest construction companies in the world.
On the eighth spot we can find Larsen and Toubro (NSE:LT). The story of this company is really fabular, as it was established by two Danish workers searching refuse in India. And at present, it has more than 100 subsidiaries, with more than 337,000 employees. It mainly operates on projects in India.
Market cap in 2019 (in billions of dollars): 16.8
Revenue in 2019 (in billions of dollars): 20.8
Profit in 2019 (in millions of dollars): 1,400
Total assets in 2019 (in billions of dollars): 40.4
While the company was founded by two Danish workers seeking refuse in India, the company now has over 100 subsidiaries, as well as numerous associates and joint ventures. It is responsible for major projects in India and employs over 337,000 people.
China Railway Group (SSE:601390) stands on the fourth spot of the compilation. When checking the entire list, you will see several Chinese companies, and China Railway group is one of them. The company both operates inland, and it also has high profile projects all over the world.
Market cap in 2019 (in billions of dollars): 14.8
Revenue in 2019 (in billions of dollars): 122.9
Profit in 2019 (in millions of dollars): 3,200
Total assets in 2019 (in billions of dollars): 151.6