Tuesday, July 12, 2022

Of the 41 Largest Swedish Cos, 22 of Them Had Net Profit Increases in the First Quarter 2022 From the First Quarter 2021. The 39 Cos Reporting in Swedish Krona Saw Their Total Profits in the First Quarter 2022 Decline By 107% From That in the First Quarter 2021. Excluding the 2 Investment Firms, Which Are Burdened By Mark-To-Market Accounting on Equity Investments That Results in Huge Profit Swings Each Quarter, This 107% Decline Improves Substantially To Only a 1% Decline. The 2 Companies Reporting in US Dollars Saw Their Total Profits in the First Quarter 2022 Increase By 24% From That in the First Quarter 2021. Spotify's First Quarter 2022 Profit Increased By a Blistering 425%.

From a review of the investing.com website, I identified the 41 Swedish Companies with stock market caps recently of above SEK 50 Bil and that also disclosed their earnings in the first quarters of both 2022 and 2021.

Of these 41 Companies, 39 of them reported in Swedish Krona and 2 of them reported in US Dollars.

And from a review of the wallstreetjournalmarkets.com website, the investing.com website and Company Investor Relations websites, the table below shows the Consolidated Net Profits (Losses) from Continuing Operations for the first quarters of both 2022 and 2021 for each of these 41 largest Swedish Companies.