deferred revenue. However, during the period 2019, the Company has reconsidered the remaining guarantee EBITDA and found that existing risk and reward were insignificant. The Company has therefore reversed
385.7 (64.1%) Net Profit 406.6 99.3 (75.6%) Normalized Total Revenue/1 3,598.1 1,399.5 (61.1%) Normalized Net Profit/2 285.0 196.5 (31.1%) Normalized Total Revenue excluding Deferred Revenue Item/3
. This increase during the first 9 months was mainly due to reversal of deferred revenue from sale of investment properties to WHABT in the second quarter of 2019 comparing to sale of investment properties
%, compared to the same period of last year. As the Company recorded deferred revenue from selling assets to WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (“WHABT”) on 6 November 2015
3,891.2 mm which increased by 12.2%, compared to the same period of previous year. This increase during the period was mainly due to reversal of deferred revenue from sale of investment properties to WHABT
had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period
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