The Total Audited 2013 Net Income from Continuing Operations of these 5 South Dakota Companies was $88.6 mil, an increase of a spectacular 147% from the comparable earnings in 2009, which was the very low point of annual corporate profits due to the late 2008 financial meltdown.
This spectacular 147% earnings recovery for these South Dakota Companies from 2009 to the most recent 2013 occurred when the now retiring Tim Johnson was a South Dakota US Senator and also when Democrats had a majority in the US Senate.
In addition, the Total Audited Earnings of these 5 South Dakota Companies in 2013 were up a very impressive 47% over the comparable earnings in 2007, which was the peak year earnings before the disastrous effects of the 2008 financial meltdown hit......they not only recouped the earnings they lost with the financial meltdown, but they also added another 47% of earnings.
Below here are the Audited Net Income (Loss) From Continuing Operations for each of these 5 South Dakota Companies in 2013, in 2009 and in 2007, along with the related Net Income (Loss) Percentage Changes:
|South Dakota Company||HQs||$ 000s||$ 000s||$ 000s||% Change||% Change|
|Raven Industries||Sioux Falls||Jan 14||42,902||28,574||27,802||50%||54%|
|Meta Financial Group||Sioux Falls||Sep 13||13,418||(1,463)||1,171||1017%||1046%|
|HF Financial||Sioux Falls||Jun 14||6,602||5,745||5,843||15%||13%|
|National American University||Rapid City||May 14||3,468||10,039||(614)||-65%||665%|
|Total all 5||88,596||35,906||60,415||147%||47%|
More details to come.