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COFCO Listed on the Fortune Global 500 list for the 26th Consecutive Year Release Time : 2020-12-04
On August 10, the US Fortune magazine released the list of "Fortune Global 500 2020". Having been on the annual list of the Fortune Global 500 for 26 straight years since 1995, COFCO ranks 136th this year with revenue of 498.4 billion and total profit of 12.6 billion.

 

As the largest agro-food company in China, COFCO accurately grasps domestic resource and environmental conditions and supply and demand trends of international agricultural product, pursues forward-looking expansion of its overseas presence, unswervingly advances the internationalization strategy, and actively develops overseas business with a focus on countries and regions along the “Belt and Road” route, significantly increasing its influence in the industry as well as the world. In recent years, COFCO has focused on "corporate governance" and "incentives and constraints" by launching a series of reforms and innovations to continuously promote the modernization of corporate governance and steer the Company to achieve high-quality growth. In 2019, its operating profits hit a record high.
 

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