Monday, June 13, 2022

The 35 Largest Hong Kong Cos That Reported Their Earnings in Hong Kong Dollars Saw Their Total Bottom-Line Earnings in Fiscal Year 2021 Decline By 14.6% From That in 2019, Very Consistent With the 9.5% Total Earnings Decline of the China Cos Included in the Key FTSE China A50 Index Over the Same Two-Year Period. The 10 Largest Honk Kong Cos Reporting Their Earnings in Chinese Yuan Had Their Total Bottom-Line Earning Increase By a Modest 4% Over the Same Two Years. On the Other Hand, Driven By the Obscene Profits of Container Transporter Orient Overseas, the 10 Largest Hong Kong Cos Reporting Their Earnings in US Dollars Saw Their Total Bottom-Line Earnings Increase by an Impressive 34% Over That Same Two-Year Period, Consistent With What Happened in Israel and in Canada.

From the companiesmarketcap.com, the value.today, the investing.com and the google finance websites,  I identified 55 Companies headquartered in Hong Kong with stock market caps above US$ 5 bil recently.

From a review of  the investing.com website, the first table below shows the Consolidated Net Income (Loss) from Continuing Operations for fiscal years 2021, 2020 and 2019 for each of the 35 Hong Kong Companies reporting their earnings in Hong Kong dollars.

Also, from a review of  the investing.com website, the second table below shows the Consolidated Net Income (Loss) from Continuing Operations for fiscal years 2021, 2020 and 2019 for each of the 10 Hong Kong Companies reporting their earnings in Chinese yuan.

And from a review of  the investing.com website, the  third table below shows the Consolidated Net Income (Loss) from Continuing Operations for fiscal years 2021, 2020 and 2019 for each of the 10 Hong Kong Companies reporting their earnings in US dollars.