Hon Hai Precision Industry Co (
The annual study, conducted by the Chinese-language Commonwealth biweekly magazine, ranked local companies in terms of consolidated revenues.
Hon Hai posted consolidated sales of NT$911.8 billion (US$28.72 billion) last year, expanding by 68.3 percent from the previous year. The result marks the first time a private-sector firm has surpassed state-run firms to clinch the top spot.
In the manufacturing sector, state-run Chinese Petroleum Corp (
Formosa Petrochemical Corp (
Revenues generated by local manufacturers hit a high of NT$14 trillion last year, up from NT$12 trillion the previous year, according to the survey.
Meanwhile, the top three companies in the services industry were Taiwan Power Co (
The top three firms in the finance industry were Cathay Financial Holding Co (國泰金控), the Bureau of National Health Insurance (中央健保局) and Chunghwa Post Co (中華郵政), according to the study.