Businessworld top 1000 corporations in the Philippines 2019 : is the Philippines ready to play with FIRE?

Philippine companies continued to record double-digit earnings in 2018 despite last year’s challenges that included the almost runaway inflation that contributed to deceleration of the domestic economy and external risks. Now on its 33rd year, BusinessWorld’s Top 1000 Corporations in the Philippines ranks private and public stock entities according to gross revenue using the latest available full-year audited financial statements, which for most companies on the list pertain to their performance in 2018.

The Top 1000 roster is based on parent-only financial statements, in which parent firms record equitized earnings of their subsidiaries and associates. This is different from a separate list ranking the country’s top conglomerates where consolidated financial statements are used. This was expanded to 100 firms in the latest edition from 50 in previous years.