Mojo+by+Albert

As Figure 1 shows, 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 about 60 million HKD was earned. This was because of the post handover boom in Hong Kong. However, there was a sharp decline in profits and they fell to their lowest point at just 20 million HKD. One reason for profits dropping sharply was the illness SARS exploded in HK. After the effect of SARS, there was a slight decrease in 2004 and then profits increased steadily until now. The reason for the steady increase is the growth of China. Due to strong SE Asian economies in late 1990s, the profits increased steadily in both Hong Kong and Singapore. Then the profits kept constant in one year. After that, there was a rapid drop until now. And in 2004 and 2007 the profits were not changed. It seems that the taxation is increased by Singaporean Government from 2001.