Most Profitable Industry

Amrit Saini · 31-07-2007, 04:09 PM

Hello Everyone,

I want to know what you think is probably the most profitable industry?

My guess would be either steel or fabric.

Thanks,
Amrit

**greedyboy** · 31-07-2007, 04:51 PM

Maybe Oil?

DSC · 31-07-2007, 05:16 PM

Banking or Mobile Telecoms

BrandDirect · 31-07-2007, 07:44 PM

Being a scammer?

titanwholesale · 31-07-2007, 07:58 PM

banking is very profitable especially when you are making money out of just managing accounts

Amrit Saini · 31-07-2007, 08:41 PM

Yes, banking is pretty profitable, but you have to have well over a million dollars to start a bank. Because you really make money from loans, most banks lose money on accounts that are above a certain number.

BillyA · 01-08-2007, 01:58 PM

Oil is by far the most profitable industry as Exxon Mobil recently reported the highest quarterly profit ever in the history of the world by a company at around $10 billion USD.

Supremetronics · 01-08-2007, 02:22 PM

i hear the adult film industry is very profitable.

**greedyboy** · 01-08-2007, 03:43 PM

I hear selling consoles, mobile phones and ipods on ebay is profitable?

adam2007 · 01-08-2007, 03:53 PM

profitable industrys would be import / export trade - this would include raw matterials including metals and fabrics, oil etc...

If you are looking for profitable individual products then i would say high value home appliances eg, showers, baths, kitchens, taps etc.... which can be brought quite cheaply from abroard and sold for much more in UK and other countrys.