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gnulnx

12/01/06 3:56 PM

#29539 RE: notime2wste #29538

notime2wste

I agree the wording is quite confusing. I believe someone contacted the company about it and they were told that it should read "net pretax profit" instead of revenue. In my mind this would be the same thing as profit margin.

If we only do 20.6M Revenue this year then we have made a huge move backwards from the 165M revenue in 2005.
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Han2004fl

12/01/06 4:04 PM

#29540 RE: notime2wste #29538

I think he talked about Pretax Profit. I can see why he confused with the word Revenue. It depends on WHERE stand point.

I owned export business before and I sometimes referred the profit as Revenue because that is what I gain. I sometimes referred Revenue as Sales. It confused a number of people and I have to explained to them what I meant.

I think Revenue should be referred as SALE or SALE INCOME. Pretax Profit should be referred as PRETAX REVENUE. The NET PROFIT should be referred as PROFIT or LOSE. That's my opinion.
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MrPastorious

12/01/06 5:50 PM

#29546 RE: notime2wste #29538

BINGO!!!! They did correct 1 news release, when they called best jets a wholly owned subsidiary, but neglected to correct that news release.