Does the profitability of the company change when SIAF increases its stake? No. That is why you have to include non-controlling interest when you are measuring profitability. I already pointed out that non-controlling interest is higher this time than last time. That doesn't mean margins are coming down though.
If you want to calculate Gross Margin on page 15 of the 10-Q, then those numbers also include non-controlling interest.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.