Hi,
Thanks for your query.
I didn't mean that HSN had formally issued a "profit warning", but rather what I said was that both in the "FY2018 Results Presentation" (17/8/2018) and in the present "Chairman's Address to Shareholders", it actually warned the public that its FY19 profit/earnings would be lower than FY18 by saying (under the title "FY19 Outlook"),
”Total operating revenue ... is expected to be slightly below FY18 ...
"our expense base is expected remain consistent with FY18 ...
”The effective tax rate is anticipated to be approximately 24% ..." (Tax rate was ~22% for HY18 according to CommSec Research)
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Hi,Thanks for your query.I didn't mean that HSN had formally...
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