Saturday, July 23, 2022

The 38 Largest Chinese Technology Cos' Total Profits Declined By 88% in the 1Q 2022 From That in 1Q 2021, While the 20 Largest US Technology Cos' Total Profits Declined By Only 2% in the 1Q 2022 From That in the 1Q 2021

From the companiesmarketcap,com website and the SSE Information Technology Sector  Companies at the investing.com website, I identified the 38 largest Chinese Technology Companies with stock market caps above CNY 10 Bil recently.

And from the companiesmarketcap,com website, I identified the 38 largest US Technology Companies.

From a review of the investing.com website, the wallstreetjournalmarkets website and also the financial statements included in Company Investor Relations websites, the first part of the table below shows the Consolidated Net Profit (Loss) from Continuing Operations for the first quarters of both 2022 and 2021 for each of these 38 largest Chinese Technology Companies.

And from a review of 10-Q filings with the US SEC, the lower part of the table below shows the Consolidated Net Income (Loss) from Continuing Operations for the first quarters of both 2022 and 2021 for each of these 38 largest US Technology Companies.