Fortune 500 Türkiye 2020 Announced

Fortune Türkiye and CRIF Turkey have been listing Turkey's largest 500 companies since 2008. Fortune 500 Türkiye The results of the list for 2019 have been announced. Net profit of the companies on the list in 2019 compared to the previous year 44.5 percent with a significant increase such as 78.1 billion TLWhile reaching; net sales revenues 14.9 percent increased and 1.8 trillion TLReached . However, considering that net sales increased by 31.8 percent in 2018, we conclude that there is a slowdown.

Top of the Fortune 500 Türkiye 2020 list, where financial institutions and holdings are excluded, 89.6 billion TL with net sales revenue TÜPRAŞIt happened. Although Energy Markets Enterprise ranked second with a net sales revenue of 87.9 billion TL, it ranked 316th in the profit ranking with an EBIT of only 62.8 million TL. Turkish Airlines ranked third with a net sales revenue of 75.1 billion TL, followed by Petrol Ofisi with 53.6 billion TL and Opet with 46.3 billion TL.

TÜPRAŞ ranked at the top of Fortune 500 Türkiye 2020

In Fortune 500 Turkey's 2019 results, total exports increased by 14.6 percent in TL terms compared to the previous year, but decreased by 2.7 percent in dollar terms. Accordingly, the total exports of companies on the Fortune 500 Türkiye list are 515.8 billion TL well $90.9 billion happened. 72 percent of the net sales of the companies on the list were domestic sales and 28 percent were exports. In addition, 402 of the 500 companies on the list declared profits, while 98 declared losses.

The employment rate of companies in Fortune 500 Turkey 2020 also increased compared to last year.  Companies that employed 1 million 150 thousand people in 2018 employed 1 million 240 thousand people in 2019. Fortune 500 Türkiye 2020In addition, the number of 'companies with net sales revenue exceeding 1 billion TL', which was 279 last year, increased to 323 this year. The number of 'companies with net sales revenue exceeding 10 billion TL' increased from 29 to 33. According to the announced information, the share of the companies in Fortune 500 Türkiye 2020 in Turkey's Gross Domestic Product is 42.6 percent.

The 10 companies with the highest net sales revenues according to Fortune 500 Türkiye 2020

• Türkiye PETROL RAFINERILERI A.Ş. (TÜPRAŞ) – 89.6 billion TL
• ENERJİ PİYASALARI İŞLETME A.Ş. – 87.9 billion TL
• TURKISH AIRLINES A.O. – 75.1 billion TL
• PETROL OFİSİ A.Ş. – 53.6 billion TL
• OPET PETROLCÜLK A.Ş. – 46..3 billion TL
• BİM BİRLEŞİK MAĞAZALAR A.Ş. – 40.2 billion TL
• FORD OTOMOTİV SANAYİ A.Ş. – 39.2 billion TL
• AHLATCI JEWELRY IND. AND TRADE Inc. – 34.7 billion TL
• ARÇELİK A.Ş. – 31.9 billion TL

Listed in Fortune 500 Türkiye 2020 to all companies those who want to look here They can review the list.