NT 10Q filed today.
Contains this information, which I find interesting:
" (3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will
be reflected by the earnings statements to be included in the subject
report or portion thereof?
Yes x No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
It is anticipated that there will be a loss of US$ 16.32 million in
results of operation from the corresponding period for the last fiscal
year will be reflected by the earning statements of the quarterly
report 2021 (previously known as 10Q 2021 report); the reason of which
is due primarily to the provision of written off of bad debts
incurring loss of $17.67 million.
Full details of which will be included in the financial statements and
segmental information of the quarterly report 2021 (previously known
as 10Q 2021 report)."
It's always hard to know exactly what they mean, due to the language issues. But it seems to me that if they are saying there will be a loss of 16.32 million, largely due to bad debt write-offs of 17.67 million, that would mean the company made 1.35 on continuing operations.
Right?
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