Because you are comparing full FY18 against expected profits for FY19.
Better to back out as a first step 1HFY18 as profits have deteriorated significantly since then. Use 2HFY18 as your starting point multiply by 2 to get first step FY19 profit, then make adjustments accordingly.
Ann: Full Year Results Presentation 31 March 2018, page-6
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)