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Latin Trade, 2012 Latin 500 The Latin 500 is a ranking based on the income and sales of the 500 largest firms in Latin America and is prepared by Brazilian consulting firm Economatica and published by Latin Trade The numbers for 2011 are surprising in their sharp contrast to the previous year. Total corporate revenues increased 8.3 percent compared with 2010, when growth hit 21.5 percent. Meanwhile, profits fell 8.9 percent compared with extraordinary growth of 37.7 percent in the prior year. A quick analysis might attribute the decline to the 2009 economic crisis finally washing into Latin American shores. […]
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