Latin America's 1,000 largest companies have $4.5 trillion in total assets

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MIAMI, Aug. 8, 2016 /PRNewswire/ -- Latin America's 1,000 largest companies have total assets of $4.5 trillion, about half of Latin America's total GDP of $9.5 trillion in 2015, according to Latin Trade's new LT1000, which ranks the firms by revenues, assets, net income, gross profits and EBITDA.

The biggest ever and latest addition to Latin Trade's range of business intelligence products, the LT1000 gathers all the essential financial data of companies in the following sectors:

• Finance & Insurance
• Oil & Gas
• Mining
• Telecommunications
• Funds
• Electricity
• Food & Beverage
• Non-metallic Mining
• Agriculture & Fisheries
• Chemical
• Software & Data
• Vehicles & Parts
• Transport
• Construction
• And more...

A lot of the companies' results show the effects of a slowing regional economy, brought by falling commodity prices and political crises in some cases. But many companies achieved outstanding results despite these conditions.

One of these was Argentine real estate firm Irsa, whose total assets went from $1.08 billion to $10.07 billion in one year.

Another such case was Colombian retailer Grupo Exito, with total assets growing from $4.84 billion to $16.49 billion.

Due to the large amount of data, Latin Trade will subsequently publish several rankings from the LT1000 by: Efficiency, Revenues, Profits, and more, as well as new, sector-specific rankings.

Subscribers will have full access to the entirety of the data and rankings, as well as notifications as to when new sub-rankings will be published through Latin Trade's daily newsletter service.

To see the full LT1000, visit: http://latintrade.com/latin-americas-1000-largest-companies/

About Latin Trade

Latin Trade is a leading provider of information and business services to companies operating in Latin America. It publishes award-winning content in Spanish and English for distribution throughout Latin America, the Caribbean and the United States through print and online media. Latin Trade publishes Latin Trade magazine and Latintrade.com.

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Media contact:
David Buchanan
[email protected]

SOURCE Latin Trade

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