From a review of the value.today/headquarters/malta website, of the simplywallstreet/malta website, of the Malta Companies on the Malta Stock Exchange, of the Google Finance and Yahoo Finance websites, of the WSJ Markets website, of the investing.com website and of Company financial statements in Investor Relations websites, there were 21 Companies headquartered in Malta with stock market caps above Euros 50 mil recently and that reported their Profits in Euros in all of the most recent three fiscal years 2021, 2020 and 2019.
It should be pointed out that this 36% decline in Total Bottom-Line Profits from 2019 to 2021 was due to three outlier Companies.
The largest Maltese Company is the Malta International Airport and the third largest Maltese Company is International Hotel Investments. It only makes sense that Profits would decline sharply during the Covid pandemic from 2019 to 2021 for these two Companies.
The other outlying Company is Malita Investments that saw its Bottom-Line Profits decline sharply from an After-Tax Profit of Euro 37.1 mil in 2019 to an After-Tax Loss of Euro 20.0 mil in 2021. This was nearly all due to the Change in Fair Value of its Investment Properties from a Pretax Gain of Euro 34.7 mil in 2019 to a Pretax Loss of Euro 27.8 mil in 2021.
The table below shows the Consolidated Net Profit (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 21 Companies headquartered in Malta reporting in Euros.
