Wuerth While Wily Wakenings: What a Wild Ride For the Total Bottom-Line Profits of Cyprus Companies: They Hit Euro 334 Mil in the Pre-Covid Year of 2019, Then Plummeted By 93% to only Euro 22 Mil in 2020, and Then Increased By 411% to Euro 113 Mil in 2021, But That Is Still Down a Massive 66% From That in 2019, the Worst Profit Performance From 2019 to 2021 of All Countries I Have Researched So Far.

Wednesday, June 1, 2022

What a Wild Ride For the Total Bottom-Line Profits of Cyprus Companies: They Hit Euro 334 Mil in the Pre-Covid Year of 2019, Then Plummeted By 93% to only Euro 22 Mil in 2020, and Then Increased By 411% to Euro 113 Mil in 2021, But That Is Still Down a Massive 66% From That in 2019, the Worst Profit Performance From 2019 to 2021 of All Countries I Have Researched So Far.

From a review of the investing.com website, the Simply Wall Street website, and Companies Investor Relations websites, there were 22 Cyprus Companies which had recent stock market caps above Euro 10 mil and that reported their Profits in Euros in all of the most recent three fiscal years 2021, 2020 and 2019.

The table below shows the Consolidated Net Profit (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 22 Companies located in Cyprus.