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THE NEXT 500

verall ranks are based on average market capitalisation (October 2022 to September 2023). ‘Rank 2022’ is as (banking, financial services and insurance) companies have a different way of earning and presenting financial data, so their income, profit and asset numbers have not been ranked. Profit after tax adjusted by the data provider after considering share of profit/loss of associates and joint ventures wherever applicable. ACE Equity

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