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QuestionsCategory: Financials QuadrantDiscontinued operation in net profit calculation
Tony asked 3 years ago

Could someone help me with the following please?
The 2015 annual report for Fraser and Neave LTD shows both continuing and discontinued operations under its Profit Statement. Do we omit profits associated with the discontinued operations when calculating net profit under the 30-second filter?

1 Answers
Victor Chng answered 3 years ago

Hi Tony,
Yes you can omit away the discounted business as it will no longer be inside the company.