Wednesday, July 20, 2022

The 8 Largest UK Cos Reporting Their 1Q Earnings in British Pounds Saw Their 1Q 2022 Total Profits Decline Precipitously By 110% From That in the 1Q 2021. Excluding BP, Which Reported a Gargantuan Write-Down in the 1Q 2022 Due To Its Exit From Russia, This 110% Profit Decline Turns Into a 1% Increase Thus Matching the US Dow Industrial Companies Total Profit Increase of Also a Meager 1% in the 1Q 2022. A Clear Majority of UK Companies Only Report Earnings For the Half Year Period.

From a review of the investing.com website, there were 8 United Kingdom Companies with stock market caps recently above Great Britain Pounds 25 Bil and that reported first quarter earnings.

And from a review of the wallstreetjournalmarkets.com and investing.com websites and also from Company Internal 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 8 Largest UK Companies.