MCX 0.00% 3.1¢ mariner corporation limited

Viento - 2011 NPBT $1.31M (2010 $0.0M) before taxEcoQuest - 2011...

  1. 240 Posts.
    Viento - 2011 NPBT $1.31M (2010 $0.0M) before tax
    EcoQuest - 2011 NPBT -$2.6M (2010 -$2.2M)
    Capilano - 2011 NPBT $3.7M (2010 -$4.9M)
    Farm Pride - 2011 NPBT -$472K (2010 -$684K, before goodwill impairment)
    Peanut Company of Australia - Sep 2011 HY NPBT -$544K (FY Mar 2011 -$3.0M, continuing operations)

    Why did they include before tax profit figures? Tax is included in income statements and usually has a somewhat material effect on balance sheets due to the cash outflow / cost incurring.
    2 / 5 companies are currently profitable. But I can see that the controlling stakes they have will be to Mariner's benefit once these companies become profitable.
 
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Currently unlisted public company.

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