Almost 200 listed companies in Latin America with more than US$300 million in revenues made it to the top of Latin Trade’s Profitability Drivers Index 1Q2022. The Mexican subsidiary of U.S. personal care firm Kimberly Clark was the most profitable in the region during the first quarter of 2022 with a Return on Equity (ROE) of 69%. Brazilian Comgas, with a ROE of 53.6%, ranked second. These were the only two companies with a ROEs above 50%. The following ten most profitable include five Brazilian companies, Mexico’s Grupo Televisa, and one mining company from Peru and Chile. The Return on Equity (ROE) ratio is the company’s profitability in relation to its stockholders’ equity. It widely varied within the region and […]
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