Among the nation's top 5,000 enterprises, China Steel Express Corp (
For three consecutive years, from 2000 to 2002, MediaTek had topped the list of best-performing companies, according to the CCIS.
As a result of rising shipment fares and the recovery in the steel and raw-materials sectors, China Steel Express' revenues jumped 74.6 percent from NT$5.8 billion in 2002 to NT$10.1 billion, with NT$2.6 billion in after-tax profits, last year.
According to the information-service company, Princo made a comeback after weathering some stormy waters in 2000. The rebound in the economy last year boosted prices of the company's optoelectronics products, as well as its expansion plans, and Princo's revenues quickly surged 132 percent to hit NT$10.6 billion last year with a net profit of NT$3.3 billion.
As Taiwan suffered its worst-ever recession in 2001, seeing a negative 2.18 percent growth in GDP, the average revenues of the nation's top 5,000 enterprises declined by 6 percent, and that of the top 500 by 5 percent.
Before 2000, revenues of the nation's top enterprises had seen an average growth of 10 percent per year, said Jill Shen (
"Fortunately, we began to see businesses rebounding steadily after they stopped bleeding last year," Shen said yesterday.
On the top 5,000 list, Hon Hai Precision Industry Co (鴻海精密) was the biggest private manufacturer, with NT$327 billion in revenues last year, while Cathay Life Insurance Co (國泰人壽) had the highest revenues, at NT$474 billion.
In the services sector, the International Bills Finance Corp (
Chinese Petroleum Corp (CPC,
The CCIS study ranked Taiwan Semiconductor Manufacturing Co (台積電) and Cathay Financial Holding Co (國泰金控) as the companies with the most assets in the manufacturing and financial-service sectors, respectively.
Kaohsiung Hitachi Co (
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