Findings+by+Robbie+Austin+and+Mark

2. Findings

Figure 1 gives information about the profits made by Mojo in Hong Kong and Singapore between 1999 and 2007.

2.1 Hong Kong

According to figure 1, at the end of the 1990s and in the early part of the next decade, profits of Mojo in Hong Kong showed a strong upward trend and reached a peak in 2002 when 60 million HK$ were made. It may be attributed to the post handover boom in Hong Kong. This was however, followed by a sharp decline and in 2004 profits fell to their lowest point with just 20 million HK$ made. A possible reason for the decline was the breakout of SARS. Profits then began to increase rapidly again to 2007 at about 50 million HK$. It seems that the rapid increase was because of the growth of China.

2.2 Singapore

The findings in figure 1 also reveal that in Singapore, profits climbed gradually to 2000 before leveling off in 2001 at about about 50 million HK$. A possible explanation was the Strong SE Asian economies in late 1990s. Profits then declined sharply till 2007. This was perhaps due to the increased taxation by Singaporean Government from 2001.

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See this exercise.