Mojo+by+Alki+&+Kliff

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 nearly 60 million Hong Kong dollars were made. One reason for this increase was due to the post handover boom period in Hong Kong. This was however, followed by a sharp decline and in 2004 profits fell to their lowest point with just 20 million Hong Kong dollars made. A possible explanation for this decline is the outbreak of SARS. Profits then began to increase quite significantly in the later years. It seems that the growth of China caused this increase. In Singapore, profits rose slightly and leveled off to about 50 million Hong Kong dollars until 2001. The rise is attributed to the strong SE Asian economies in the late 1990s. Profits then dropped dramatically to 2007 to about 10 million Hong Kong dollars. This is because of the increased taxation by Singaporean Government from 2001.