The 19 Largest South Carolina Cos Saw Their Total Audited Pretax Income Plummet By 60% in Trump's First Two Years in Office (2018 and 2017), While These Same Earnings Increased By 26% in 2016, Obama's Last Year in Office

Pete Buttigieg and Several Other Bright Progressive Economically-Savvy Democratic 2020 US Presidential Candidates Will Be in South Carolina for the BET Black Economic Alliance Forum to be Shown on TV by BET on Sunday Morning June 16, 2019.  As an Introduction to South Carolina's Economy, I Think It Might Be Helpful to Research Just How South Carolina Companies Have Performed in the Most Recent Three Years on the Pretax Earnings Front
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From a review of SEC filings and Google Finance, I found 19 South Carolina Companies with stock markets caps of above $100 mil recently.

My Focus is on Pretax Income rather than on After-Tax Net Income because Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments.  It has nothing whatsoever to do with company operating performance.

From these SEC filings, the chart below shows the Gold-Standard US GAAP Audited Pretax Income (Loss) for Annual Fiscal Year Ends (FYEs) 2018, 2017, 2016 and 2015 for each of these 19 South Carolina Companies.

			Most
			Recent	Audited	Audited	Audited	Audited
			Annual	Pretax	Pretax	Pretax	Pretax
	South		Audited	Income	Income	Income	Income
	Carolina		Financial	(Loss)	(Loss)	(Loss)	(Loss)
South Carolina Companies	City	State	Sts	FYE	FYE	FYE	FYE
Stock Market Caps Above $100 Mil	HQs	HQs	FYE	2018	2017	2016	2015
				$ mils	$ mils	$ mils	$ mils
Sonoco Products	Hartsville	SC	Dec 18	390	324	453	338
Domtar	Fort Mill	SC	Dec 18	340	(383)	157	156
South State	Columbia	SC	Dec 18	224	169	154	150
Ingevity	North Charleston	SC	Dec 18	222	175	87	137
AVX Corp	Fountain Inn	SC	Mar 19	333	192	175	132
World Acceptance	Greenville	SC	Mar 19	90	97	106	132
Carolina Financial Corp	Charleston	SC	Dec 18	62	42	25	21
ScanSource	Greenville	SC	Jun 18	61	101	96	100
Denny's Corp	Spartanburg	SC	Dec 18	52	57	36	54
Regional Management	Greer	SC	Dec 18	46	40	39	38
Blackbaud	Charleston	SC	Dec 18	45	58	57	37
Southern First Bankshares	Greenville	SC	Dec 18	29	24	20	16
First Community Corp	Lexington	SC	Dec 18	14	9	9	8
Delta Apparel	Greenville	SC	Sep 18	12	11	11	10
Bank of South Carolina	Charleston	SC	Dec 18	8	8	7	7
Oconee Federal Financial	Seneca	SC	Jun 18	5	7	7	7
3D Systems Corp	Rock Hill	SC	Dec 18	(43)	(58)	(40)	(655)
Benefitfocus	Charleston	SC	Dec 18	(53)	(50)	(40)	(62)
SCANA Corp	Cayce	SC	Dec 18	(940)	(231)	866	1,139
Total all 19 South Carolina Cos				897	592	2,225	1,765
Trump Two Years 2016 to 2018 % Decline				-60%
Obama's Last Year 2016 vs 2015 % Increase				26%