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Profits of unlisted corporate sector have weakened in post Covid era
The Business Guardian
|December 21, 2023
Notwithstanding the more than 2x rise in profits (profit after tax, PAT) of listed companies in the last three years, the aggregate corporate profit has been largely stable to only slightly better. It means that the profits of the unlisted sector have actually worsened materially in the post-Covid period, as per a research by Motilal Oswal.
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According to Motilal Oswal Financial Services, the unlisted corporate sector is not only much bigger than its listed counterpart, the latter has moved in a different direction vis-a-vis the former. While the financial position of listed sector has improved markedly in the post-Covid period (FY20-FY23), this is clearly not the case for the aggregate corporate sector. It means that the financial position
Esta historia es de la edición December 21, 2023 de The Business Guardian.
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