According to the latest FHL market announcement, it will be announcing its group financial performance for the year ended June 30th, 2009 soon.
Are people waiting with bated breath for such announcement?
Boring …….
Anyway, the truth is this – FHL group will still book a profit.
How come?
Remember that lucrative Fosters shares they sold not so long ago for a discounted $40million?
That extraordinary one-off share sales proceeds is the positive net capital gain receipts that will help hide FHL’s mismanagement by its military appointed board and management.
When FHL finally announce their result and you wanna know how much real profit they made, simply deduct Fosters share sales capital gain of $30 million from their profit and you get a rough idea of their real performance.
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