bullrun 18 sifu, I guess, the losses of the propertyy division may be due to year end adjustment.. Further hor, I noticed that there is no mentioning of completion of KK Time Square Condo. The last portion of profit to be recognised is pending issuance of CF, That mean not much cost to be incurred alrready, But dunno whether Asianpac can ask for last progress payment or not without CF. Can teach me arr?
Revaluation a piece of empty land and an A class shopping mall are difference. land doesn't generate income unless u develop it. Mall is generating income property.
FYEMar15...Revenue: 230.312m & NP: 377.279m...NP higher than Revenue !!!...PE now too low, unbelievable...Can't be typo error...Could haves old some assets to realize this astronomic gains...
I guess again hor, the accountant see got so much revaluation profit, quick quick make as much provision as he can to clean up the accounts, throw out all the rubbish... kakaka
Ivan...I think u better stay aside first. Do not enter already
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Posted by spiderman119 > 2015-05-28 23:03 | Report Abuse
Surely it is more than that