Almost 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 2Q2022. Brazilian Food and Beverage giant Minerva was the most profitable company in the region during the second quarter of 2022 with a Return on Equity (ROE) of 57 percent.Peruvian Shougang Hierro Perú, with a ROE of 42 percent, ranked second. These were the only two companies with a ROE above 40 percent. The following firms on the top 10 most profitable companies in the region include other Brazilian companies in the electricity and utilities sector, Chilean firms in mining, Oil & Gas and telecommunications, Mexico’s Kimberly Clark’s subsidiary.The Return on Equity (ROE) ratio, which […]
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