List of largest companies in Singapore

This article lists the largest companies in Singapore in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

## 2024 Fortune list

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This list displays the top 20 Singaporean companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank  | Name  | Industry  | Revenue
(USD millions) | Profits
(USD millions) | Employees

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1  | Trafigura | Commodity | 244,280  | 7,393  | 12,479
2  | Wilmar International | Food production | 67,155  | 1,525  | 100,000
3  | Olam International | Agriculture | 35,953  | 208  | 65,980
4  | Flex Ltd. | Electronics  | 26,415  | 1,006  | 148,115
5  | DBS Bank | Banking  | 25,608  | 7,495  | 40,770
6  | United Overseas Bank | Banking  | 19,733  | 4,254  | 32,340
7  | OCBC Bank | Banking  | 18,418  | 5,229  | 33,330
8  | Singapore Airlines | Airline | 14,141  | 1,989  | 16,643
9  | Sea Ltd | E-commerce | 13,064  | 163  | 62,70
10  | Singtel | Telecommunications | 10,648  | 1,620  | 24,070
11  | Golden Agri-Resources | Agriculture  | 9,756  | 198  | 100,800
12  | ST Engineering | Technology  | 7,523  | 437  | 26,779
13  | Yanlord Land Group | Real estate  | 6,130  | -132  | 11,530
14  | Singapore Power | Utilities  | 5,443  | 752  | 3,584
15  | Seatrium | Shipbuilding | 5,431  | -1,502  | 22,747
16  | PSA International | Logistics  | 5,285  | 1,089  | 49,000
17  | Sembcorp | Utilities  | 5,244  | 702  | 5,063
18  | Keppel Ltd. | Real estate  | 5,188  | 3,029  | 12,245
19  | Housing and Development Board | Real estate  | 4,503  | 12  | 5,516
20  | Japfa | Agriculture  | 4,429  | -31  | 37,668

## 2024 Forbes list

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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023/24. All 10 companies from Singapore are listed.[2]

Rank  | Forbes
2000 rank  | Name  | Headquarters  | Revenue
(billions
US$)  | Profit
(billions
US$)  | Assets
(billions
US$)  | Value
(billions
US$)  | Industry

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1  | 138  | DBS Bank | Singapore  | 26.2  | 7.5  | 560.7  | 75.3  | Banking
2  | 219  | Oversea-Chinese Banking | Singapore  | 18.6  | 5.2  | 440.8  | 48.3  | Banking
3  | 240  | United Overseas Bank | Singapore  | 20.2  | 4.3  | 396.9  | 37.6  | Banking
4  | 462  | Wilmar International | Singapore  | 67.2  | 1.5  | 61.8  | 14.7  | Food production
5  | 619  | Singtel | Singapore  | 10.6  | 2.4  | 34.5  | 29.7  | Telecommunication
6  | 697  | Singapore Airlines | Singapore  | 14.1  | 2.0  | 33.4  | 15.0  | Airline
7  | 1254  | Keppel Ltd. | Singapore  | 5.2  | 3.0  | 20.3  | 8.9  | Electronics
8  | 1254  | Olam International | Singapore  | 35.9  | 0.2  | 25.6  | 3.3  | Agriculture
9  | 1777  | CapitaMall Trust | Singapore  | 1.2  | 0.6  | 18.8  | 9.9  | Real estate
10  | 1999  | CapitaLand | Singapore  | 2.2  | 0.1  | 25.9  | 10.0  | Real estate

## See also

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* Economy of Singapore
* List of companies of Singapore
* List of largest companies by revenue

## References

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1. ^ "Fortune Southeast Asia 500 – The largest companies in the region by revenue". Fortune. Retrieved 20 August 2024.
2. ^ "The World's Largest Public Companies". Forbes. Retrieved 18 May 2021.