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Because it looks like he/she only looked at the profit line and...

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    Because it looks like he/she only looked at the profit line and saw it looked worse without actually investigating further.

    You'll find that the profit is skewed lower due to one off depreciation

    If you exclude that, profit trend great imo

    https://hotcopper.com.au/data/attachments/4203/4203866-571a1956352feae4b22f8b87e53a371c.jpg
 
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