1. ICP still have the $1,684,245 as a non-current receivable
from Beijing Yinkatong Technology Co which they refuse to
write off - auditors are not satisfied they can recover
this amount.
2. Exclusion of $654,281 of non-recurring corporate costs in
underlying net profit.
3. 77% of earnings guidance met - are we meant to be
impressed ??
Cut to the chase Manny....actual profit was $1,941,184 and
diluted eps was 2.22 ....compared to 2.5 in 09.
Afraid to say it's back to the doghouse. If ICP faced up to the $1,684,245 that's should be written off then the actual profit for this half should be $256,939.
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