Thread: Am I a Bit Deaf? Could this be TRUE?

Originally Posted by Muadib

92% drop in revenues...

it's net profit, not revenue, 2 different things

Originally Posted by Norton

a goodwill write-off for a subsidiary's network

here lies the drop, good will write-off is usually a big amount, so actual revenues could have been up, even operating profit, but the big write-off killed it all. Now the question is was it just a big write-off or impairment with more to come ?

^ copycat