Wuerth While Wily Wakenings: The 15 Largest Australian Cos That Reported Their Earnings in Australian Dollars Saw Their Total Bottom-Line Earnings in Fiscal Year 2021 Increase By a Modest 7% From That in 2019. On the Other Hand, the 11 Largest Australian Cos Reporting Their Earnings in US Dollars Saw Their Total Bottom-Line Earnings in 2021 Increase By a Blistering 79% Over That Same Two-Year Period, Consistent With What Happened in Israel and in Canada.

Thursday, June 16, 2022

The 15 Largest Australian Cos That Reported Their Earnings in Australian Dollars Saw Their Total Bottom-Line Earnings in Fiscal Year 2021 Increase By a Modest 7% From That in 2019. On the Other Hand, the 11 Largest Australian Cos Reporting Their Earnings in US Dollars Saw Their Total Bottom-Line Earnings in 2021 Increase By a Blistering 79% Over That Same Two-Year Period, Consistent With What Happened in Israel and in Canada.

From a review of the companiesmarketcap.com and the google finance websites, there are 23 Australian Companies with stock market caps recently above US$ 10 bil.

The table below shows the Consolidated Net Income (Loss) from Continuing Operations for 2021, 2020 and 2019 for each of these 23 Australian Companies, sorted by the currency which the Companies' earnings are reported in.

It should be pointed out that the modest 7% earnings growth of the Companies reporting in Australian Dollars was significantly burdened by the fact that most of these Companies have June fiscal year ends.