Fortune.com released the Fortune Global 500 list for 2015 with Sinopec Group taking second spot for the first time. However, many companies are not showing profits despite their large revenues.
These are the top 10 loss-making Chinese companies among the Fortune Global 500:
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Dongfanghong brand tractors, produced by YTO Group Corp, a subsidiary of China National Machinery Industry Corp, roll off the assembly line at a plant in Luoyang, Henan province. [Photo/Xinhua] |
China National Machinery Industry Corporation
Headquarters: Beijing
Loss: -$288.9 million
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