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Replies to #310 on MICT Inc (MICT)

value1008

08/13/18 5:14 PM

#311 RE: chemist72 #310

Chemist, that big earnings gain was "a capital gain from disposal amounting to $6,844 [thousand, i.e., $6.844 million]" on the sale of Enertec to Coolisys.

So it's a one time gain.

More positively going forward, Enertec's losses won't be dragging down MICT's earnings from their continuing operations.