200 listed companies in Latin America with more than $300 million in revenues made it to the top of Latin Trade’s Profitability Drivers Index 4Q2021. Mexican’s Telmex was the most profitable company in the region in the fourth quarter of 2021 with a Return on Equity (ROE) score of 78.4 percent. Mexican giant telecom company America Movil also made it to the op 10 most profitable companies in the region, with a ROE of 29 percent. Besides these two Mexican firms, six out of the top ten places of the index went to Brazilian companies, while Chile and Argentina got one spot each. The Return on Equity (ROE) ratio, which is the company’s profitability in relation to its stockholders’ equity, […]
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