IRI 2.44% 63.0¢ integrated research limited

Hasn’t the management team been previously accused of pulling...

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    Hasn’t the management team been previously accused of pulling the wool over shareholder eye by not reporting for the pcp. My fundamental assets of performance is poor as well as my grammar skills.

    Revenue is expected to be in the range of $49.0 million to $50.5 million, representing 7% to 11% of growth over the equivalent prior period. Profit after tax for the half is expected to be in the range of $11.1 million to $11.7 million compared to $9.3 million, representing 19% to 26% growth.

    Is the following written sentence aimed at clouding the profit  position as it avoids mentioning the pcp.


    Profit after tax for the half is expected to be in the range of $11.1 million to $11.7 million compared to $9.3 million, representing 19% to 26% growth.

    This is the stunt that management have been accused of doing previously. Not comparing apple's with apple's!

    Can anyone who knows how to read financial statements confirm that profit is being compared to pcp.


    Radicool Views


 
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