Mojo+by+Keith+and+Nicky

As shown in the Figure 1, the profits of Mojo in Hong Kong increased rapidly from 1999 and reached HK$60 million at the end of 2002. This may be attributed to the post handover boom in Hong Kong. However, there was a sharp decline in profits from the end of 2002 and they dropped to HK$20 million in 2004. A possible explanation for the sharp decline is due to the SARS in 2003. The profits then began to increase steadily in 2004 until now. This may be because of the growth of China. In Singapore, there was an increase to 2000 before leveling off at HK$50 million until 2001. It seems that there were strong SE Asian economies in the late 1990s. The profits fell gradually in 2001 and reached HK$30 million in 2004. This was followed by a drop and in 2006 profits fell to HK$10 million. A possible explanation for this is that Singapore Government increased taxation from 2001. Finally, the profits remain unchanged from 2006 until now.