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Sunday, November 01, 2009 4:52:43 AM
If you look at "NOTE 11 - TAXES" in the filing they say that they have a tax holiday that ends this financial year... they then go about throwing lots of tax % left right and center... so I'm not sure what they are going to pay! Could be 25% could be 50% of 25% - if you think 15% who am I to say - similar problems working out what's happening at YONG.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6757646-856-172358&type=sect&TabIndex=2&companyid=86961&ppu=%252fdefault.aspx%253fcik%253d1139570
Anyway, good spot... I will play around with the numbers later on. I'm sure that's the major change between 2009 and 2010 net incomes.
rich
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