PETRONAS ranking rises to 216 in Fortune Global 500 list

The annual Fortune Global 500 list for 2022 ranked the world’s largest companies by revenue for fiscal 2021. The national oil company made RM248bil in revenue in 2021 and profit after tax of RM48.6bil while its total assets amounted to RM635bil, according to its website.

KUALA LUMPUR: Petroliam Nasional Bhd’s (PETRONAS) ranking rose to 216 in Fortune Media IP Ltd’s 2022 Fortune Global 500 list from the 277th spot in 2021.

The annual Fortune Global 500 list for 2022 ranked the world’s largest companies by revenue for fiscal 2021.