Companies whose net profit fell the most in 2023 compared to 2022, among those that earned at least 50 M$ the previous year. A variation below −100 % means a move into loss.
| # | Enterprise | Market | Sector | Profit variation | 2022 Profit | 2023 Profit |
|---|---|---|---|---|---|---|
| 1 | Icade S.A.ICAD.PA | 🇫🇷France | Real Estate | -2 411,1 % | 60,5 M$ | -1,40 billion $ |
| 2 | New World Development Company LimitedNWWDF | 🇭🇰Hong Kong | Real Estate | -2 043,3 % | 114,8 M$ | -2,23 billion $ |
| 3 | Petco Health and Wellness Company, Inc.WOOF | 🇺🇸United States | Consumer Cyclical | -1 509,9 % | 90,8 M$ | -1,28 billion $ |
| 4 | Gecina S.A.GFC.PA | 🇫🇷France | Real Estate | -1 153,9 % | 189,7 M$ | -2,00 billion $ |
| 5 | AdaptHealth Corp.AHCO | 🇺🇸United States | Healthcare | -1 079,4 % | 69,3 M$ | -678,9 M$ |
| 6 | T&D Holdings, Inc.TDHOF | 🇺🇸United States | Financial Services | -1 031,9 % | 90,0 M$ | -838,7 M$ |
| 7 | Greenland Holdings Corporation Limited600606.SS | 🇨🇳China | Real Estate | -1 029,0 % | 154,6 M$ | -1,44 billion $ |
| 8 | Sunrun Inc.RUN | 🇺🇸United States | Energy | -1 025,4 % | 173,4 M$ | -1,60 billion $ |
| 9 | Unibail-Rodamco-Westfield SEURW.PA | 🇫🇷France | Real Estate | -1 014,2 % | 199,3 M$ | -1,82 billion $ |
| 10 | Asia Orient Holdings Limited0214.HK | 🇭🇰Hong Kong | Financial Services | -979,1 % | 54,7 M$ | -480,5 M$ |
| 11 | Telephone and Data Systems, Inc.TDS | 🇺🇸United States | Communication Services | -906,5 % | 62,0 M$ | -500,0 M$ |
| 12 | Nexi S.p.A.NEXI.MI | 🇮🇹Europe | Technology | -833,6 % | 156,6 M$ | -1,15 billion $ |
| 13 | Hasbro, Inc.HAS | 🇺🇸United States | Consumer Cyclical | -831,8 % | 203,5 M$ | -1,49 billion $ |
| 14 | Alony-Hetz Properties & Investments LtdALHE.TA | 🇮🇱Others | Real Estate | -806,6 % | 108,0 M$ | -763,2 M$ |
| 15 | NCR Voyix CorporationVYX | 🇺🇸United States | Technology | -805,0 % | 60,0 M$ | -423,0 M$ |
| 16 | Currys plcDSITF | 🇬🇧United Kingdom | Consumer Cyclical | -777,5 % | 95,1 M$ | -644,2 M$ |
| 17 | LEG Immobilien SELEG.DE | 🇩🇪Germany | Real Estate | -770,4 % | 261,7 M$ | -1,75 billion $ |
| 18 | Castellum AB (publ)CAST.ST | 🇸🇪Europe | Real Estate | -762,4 % | 178,1 M$ | -1,18 billion $ |
| 19 | TY Holdings Co., Ltd363280.KS | 🇰🇷Korea | Communication Services | -747,8 % | 68,6 M$ | -444,4 M$ |
| 20 | Ubisoft Entertainment S.A.UBI.PA | 🇫🇷France | Technology | -724,8 % | 88,5 M$ | -552,7 M$ |
| 21 | Guangdong Land Holdings Limited0124.HK | 🇭🇰Hong Kong | Real Estate | -722,6 % | 50,1 M$ | -311,6 M$ |
| 22 | Canaan Inc.CAN | 🇸🇬Others | Technology | -692,6 % | 69,9 M$ | -414,2 M$ |
| 23 | Tech-Bank Food Co., Ltd.002124.SZ | 🇨🇳China | Consumer Defensive | -689,1 % | 73,6 M$ | -433,3 M$ |
| 24 | Powerlong Real Estate Holdings Limited1238.HK | 🇨🇳China | Real Estate | -681,9 % | 67,0 M$ | -389,8 M$ |
| 25 | Ironwood Pharmaceuticals, Inc.IRWD | 🇺🇸United States | Healthcare | -672,5 % | 175,1 M$ | -1,00 billion $ |
| 26 | MKS Inc.MKSI | 🇺🇸United States | Technology | -652,9 % | 333,0 M$ | -1,84 billion $ |
| 27 | YPF Sociedad AnónimaYPF | 🇦🇷Others | Energy | -640,1 % | 188,3 M$ | -1,02 billion $ |
| 28 | Asmodee Group AB (publ)ASMDEE-B.ST | 🇫🇷France | Consumer Cyclical | -599,8 % | 121,1 M$ | -605,2 M$ |
| 29 | Carlsberg A/SCARL-B.CO | 🇩🇰Europe | Consumer Defensive | -598,4 % | 1,22 billion $ | -6,09 billion $ |
| 30 | SK Square Co., Ltd.402340.KS | 🇰🇷Korea | Technology | -595,5 % | 194,7 M$ | -964,7 M$ |
| 31 | The E.W. Scripps CompanySSP | 🇺🇸United States | Communication Services | -583,8 % | 195,9 M$ | -947,8 M$ |
| 32 | Thryv Holdings, Inc.THRY | 🇺🇸United States | Communication Services | -577,1 % | 54,3 M$ | -259,3 M$ |
| 33 | Viking Holdings LtdVIK | 🇧🇲Others | Consumer Cyclical | -564,3 % | 398,6 M$ | -1,85 billion $ |
| 34 | Grupa Azoty S.A.ATT.WA | 🇵🇱Europe | Basic Materials | -555,1 % | 157,1 M$ | -715,0 M$ |
| 35 | Banc of California, Inc.BANC | 🇺🇸United States | Financial Services | -548,3 % | 423,6 M$ | -1,90 billion $ |
| 36 | Altarea SCAALTA.PA | 🇫🇷France | Real Estate | -537,6 % | 83,2 M$ | -364,1 M$ |
| 37 | Altareit SCAAREIT.PA | 🇫🇷France | Real Estate | -537,6 % | 83,2 M$ | -364,1 M$ |
| 38 | SK hynix Inc.000660.KS | 🇰🇷Korea | Technology | -508,7 % | 1,67 billion $ | -6,83 billion $ |
| 39 | Sunrise Communications AGSUNN.SW | 🇨🇭Europe | Communication Services | -492,7 % | 97,7 M$ | -383,6 M$ |
| 40 | China Fortune Land Development Co., Ltd.600340.SS | 🇨🇳China | Real Estate | -479,6 % | 238,6 M$ | -905,9 M$ |
| 41 | Instacart (Maplebear Inc.)CART | 🇺🇸United States | Consumer Cyclical | -479,0 % | 428,0 M$ | -1,62 billion $ |
| 42 | Xinjiang Zhongtai Chemical Co., Ltd.002092.SZ | 🇨🇳China | Basic Materials | -469,1 % | 116,7 M$ | -430,6 M$ |
| 43 | Brandywine Realty TrustBDN | 🇺🇸United States | Real Estate | -465,6 % | 53,8 M$ | -196,8 M$ |
| 44 | Sharp CorporationSHCAY | 🇯🇵Japan | Technology | -452,5 % | 469,6 M$ | -1,66 billion $ |
| 45 | TAG Immobilien AGTEG.DE | 🇩🇪Germany | Real Estate | -451,0 % | 126,5 M$ | -443,9 M$ |
| 46 | China Jinmao Holdings Group LimitedCJNHF | 🇭🇰Hong Kong | Real Estate | -447,6 % | 298,2 M$ | -1,04 billion $ |
| 47 | Long Yuan Construction Group Co., Ltd.600491.SS | 🇨🇳China | Industrials | -444,2 % | 57,2 M$ | -197,0 M$ |
| 48 | The Goodyear Tire & Rubber CompanyGT | 🇺🇸United States | Consumer Cyclical | -441,1 % | 202,0 M$ | -689,0 M$ |
| 49 | Grand City Properties S.A.GRDDY | 🇱🇺Europe | Real Estate | -433,7 % | 172,2 M$ | -574,6 M$ |
| 50 | Ninestar Corporation002180.SZ | 🇨🇳China | Technology | -432,0 % | 280,0 M$ | -929,6 M$ |
| 51 | Legend Holdings Corporation3396.HK | 🇨🇳China | Technology | -432,0 % | 175,4 M$ | -582,3 M$ |
| 52 | Red Star Macalline Group Corporation Ltd.601828.SS | 🇨🇳China | Real Estate | -426,6 % | 102,0 M$ | -333,1 M$ |
| 53 | Top Glove Corporation Bhd.TGLVY | 🇲🇾Others | Healthcare | -418,7 % | 68,0 M$ | -216,6 M$ |
| 54 | Electricity Generating Public Company LimitedECGF.F | 🇹🇭Others | Utilities | -412,5 % | 79,5 M$ | -248,4 M$ |
| 55 | Vantiva S.A.VANTI.PA | 🇫🇷France | Technology | -403,2 % | 105,1 M$ | -318,7 M$ |
| 56 | Deutsche Konsum REIT-AGDKG.DE | 🇩🇪Germany | Real Estate | -399,7 % | 67,5 M$ | -202,4 M$ |
| 57 | Howard Hughes Holdings Inc.HHH | 🇺🇸United States | Real Estate | -399,0 % | 184,5 M$ | -551,8 M$ |
| 58 | Outfront Media Inc.OUT | 🇺🇸United States | Real Estate | -398,0 % | 142,7 M$ | -425,2 M$ |
| 59 | CA Immobilien Anlagen AGCAI.VI | 🇦🇹Europe | Real Estate | -397,4 % | 84,4 M$ | -251,0 M$ |
| 60 | HIVE Digital Technologies Ltd.HIVE | 🇺🇸United States | Financial Services | -396,9 % | 79,6 M$ | -236,4 M$ |
| 61 | Greenland Hong Kong Holdings Limited0337.HK | 🇨🇳China | Real Estate | -395,7 % | 84,7 M$ | -250,3 M$ |
| 62 | Hongkong Land Holdings LimitedHNGKY | 🇧🇲Others | Real Estate | -387,3 % | 202,7 M$ | -582,3 M$ |
| 63 | Penguin Solutions, Inc.PENG | 🇺🇸United States | Technology | -381,8 % | 66,6 M$ | -187,5 M$ |
| 64 | Argan S.A.ARG.PA | 🇫🇷France | Real Estate | -377,1 % | 106,3 M$ | -294,6 M$ |
| 65 | Malakoff Corporation Berhad5264.KL | 🇲🇾Others | Utilities | -377,0 % | 74,5 M$ | -206,4 M$ |
| 66 | NorthWest Healthcare Properties Real Estate Investment TrustNWHUF | 🇨🇦Canada | Real Estate | -376,8 % | 89,9 M$ | -248,9 M$ |
| 67 | Group of Companies Segezha Public Joint Stock CompanySGZH.ME | 🇷🇺Others | Consumer Cyclical | -376,7 % | 75,1 M$ | -207,9 M$ |
| 68 | Liberty Global plcLBTYA | 🇬🇧United Kingdom | Communication Services | -375,0 % | 1,47 billion $ | -4,05 billion $ |
| 69 | Worldline S.A.WLN.PA | 🇫🇷France | Technology | -373,2 % | 334,6 M$ | -914,1 M$ |
| 70 | Take-Two Interactive Software, Inc.TTWO | 🇺🇸United States | Technology | -369,1 % | 418,0 M$ | -1,12 billion $ |
| 71 | Hufvudstaden AB (publ)HUFV-A.ST | 🇸🇪Europe | Real Estate | -366,9 % | 73,5 M$ | -196,1 M$ |
| 72 | ADAMA Ltd.000553.SZ | 🇨🇳China | Basic Materials | -363,5 % | 91,6 M$ | -241,3 M$ |
| 73 | Corem Property Group AB (publ)CORE-B.ST | 🇸🇪Europe | Real Estate | -362,7 % | 308,8 M$ | -811,1 M$ |
| 74 | Alps Alpine Co., Ltd.APELY | 🇯🇵Japan | Technology | -359,9 % | 72,8 M$ | -189,2 M$ |
| 75 | Digital 9 Infrastructure PLCDGI9.L | 🇬🇧United Kingdom | Financial Services | -357,8 % | 123,3 M$ | -317,9 M$ |
| 76 | Downer EDI LtdDOW.AX | 🇦🇺Australia | Industrials | -354,4 % | 106,6 M$ | -271,2 M$ |
| 77 | China Youran Dairy Group Limited9858.HK | 🇨🇳China | Consumer Defensive | -353,1 % | 62,3 M$ | -157,8 M$ |
| 78 | Capita plcCPI.L | 🇬🇧United Kingdom | Industrials | -338,1 % | 100,2 M$ | -238,5 M$ |
| 79 | Fabege AB (publ)FABG.ST | 🇸🇪Europe | Real Estate | -332,2 % | 241,8 M$ | -561,6 M$ |
| 80 | Financial Street Holdings Co., Ltd.000402.SZ | 🇨🇳China | Real Estate | -329,9 % | 127,2 M$ | -292,4 M$ |
| 81 | HKBN Ltd.HKBNF | 🇭🇰Hong Kong | Communication Services | -329,1 % | 70,5 M$ | -161,6 M$ |
| 82 | CovivioCOV.PA | 🇫🇷France | Real Estate | -328,6 % | 694,2 M$ | -1,59 billion $ |
| 83 | Public joint-stock company SeligdarSELG.ME | 🇷🇺Others | Basic Materials | -326,5 % | 59,5 M$ | -134,8 M$ |
| 84 | DIC Corporation4631.T | 🇯🇵Japan | Basic Materials | -326,3 % | 111,8 M$ | -252,9 M$ |
| 85 | PENN Entertainment, Inc.PENN | 🇺🇸United States | Consumer Cyclical | -320,6 % | 222,1 M$ | -490,0 M$ |
| 86 | PT Saratoga Investama Sedaya TbkSRTG.JK | 🇮🇩Others | Financial Services | -319,9 % | 254,8 M$ | -560,1 M$ |
| 87 | Apartment Investment and Management CompanyAIV | 🇺🇸United States | Real Estate | -319,5 % | 75,7 M$ | -166,2 M$ |
| 88 | British American Tobacco p.l.c.BTI | 🇬🇧United Kingdom | Consumer Defensive | -315,5 % | 8,93 billion $ | -19,24 billion $ |
| 89 | Zaklady Azotowe Pulawy S.A.ZAP.WA | 🇵🇱Europe | Basic Materials | -313,9 % | 73,6 M$ | -157,5 M$ |
| 90 | Sibanye Stillwater LimitedSBSW | 🇿🇦Others | Basic Materials | -305,3 % | 1,10 billion $ | -2,27 billion $ |
| 91 | Fortum OyjFORTUM.HE | 🇫🇮Europe | Utilities | -304,6 % | 1,13 billion $ | -2,31 billion $ |
| 92 | Urban Lithium Inc073570.KQ | 🇰🇷Korea | Technology | -304,1 % | 67,2 M$ | -137,0 M$ |
| 93 | Sandisk CorporationSNDK | 🇺🇸United States | Technology | -301,4 % | 1,06 billion $ | -2,14 billion $ |
| 94 | Newell Brands Inc.NWL | 🇺🇸United States | Consumer Defensive | -297,0 % | 197,0 M$ | -388,0 M$ |
| 95 | Navitas Semiconductor CorporationNVTS | 🇮🇪Europe | Technology | -296,8 % | 73,9 M$ | -145,4 M$ |
| 96 | Zhejiang Jinke Tom Culture Industry Co., Ltd.300459.SZ | 🇨🇳China | Technology | -296,5 % | 66,1 M$ | -129,9 M$ |
| 97 | Thai Union Group Public Company LimitedTUFBY | 🇹🇭Others | Consumer Defensive | -295,2 % | 211,5 M$ | -412,8 M$ |
| 98 | DL Holdings Co. Ltd.000215.KS | 🇰🇷Korea | Industrials | -291,4 % | 52,2 M$ | -100,0 M$ |
| 99 | Shenzhen Zhenye (Group) Co.,Ltd.000006.SZ | 🇨🇳China | Real Estate | -291,3 % | 63,1 M$ | -120,6 M$ |
| 100 | thyssenkrupp AGTKA.DE | 🇩🇪Germany | Industrials | -282,4 % | 1,27 billion $ | -2,32 billion $ |
⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.
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