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Friday, September 04, 2015 7:15:13 AM
HSBC says HAL's decremental margin performance in H1, even adjusting for the depreciation on assets held for sale, of 37% Y/Y and 34% Q/Q was much better than the comparable period in 2009 which showed declines of 66% Y/Y and 47% Q/Q.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
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