Wednesday, July 8, 2015

Tax Haven Singapore Companies With Substantial US Operations 2014 Total Audited Earnings Were $1 Bil Compared To 2008 Total Losses of $5.9 Bil

From an SEC review of Companies HQd in Singapore with substantial US Operations, with all financial statements prepared in US Dollars, and with current stock market capitalizations of more than $100 mil, I found the following 3 Companies presented in market cap order:




2014 2013 2012 2011 2010 2009 2008


Most Audited Audited Audited Audited Audited Audited Audited


Recent Net Net Net Net Net Net Net
Singapore Companies City HQs 2014 Income Income Income Income Income Income Income
Filing With US SEC in US$s   FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
   
mil $s mil $s mil $s mil $s mil $s mil $s mil $s










Avago Technologies Ltd Singapore Oct            309            552            563            552            415             (44)              57
Flextronics International Ltd Singapore Mar 15            601            366            303            521            612              32        (5,929)
Kulicke & Soffa Industries Singapore Sep              63              59            161            128            142             (64)             (25)










Total all 3

           973            977         1,027         1,201         1,169             (76)        (5,897)










Earnings Improvement 2014 vs 2008

        6,870