IHG intellect holdings limited

How do they make a profit of up to $3m in 2005? They made a...

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    How do they make a profit of up to $3m in 2005? They made a profit of $1.84m in the first half (thanks to $15m from TAFMO) and now forecast a 'small operational loss' in the 2nd half. Doesn't that mean that the full year result must be less than $1.84m? Or is there non-operational income to be brought to account?
 
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Currently unlisted public company.

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