Are Forex Profits Taxable.avi
Now although outlandish currencies have been traded in the forex market for probably many decades now it is still a mystery why the US has such ...
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Axiata Q3 net profit down 7.7 pc
KUALA LUMPUR, Nov 30 – Regional telco Goliath Axiata Group Bhd reported a third quarter net profit today of RM589.6 million as compared with RM639.1 million last year without thought a 6.5 per cent growth in revenue.
It however announced a five per cent bump in year-to-year revenue to RM12.2 billion in its third quarter, building on steady performance in key markets Malaysia and Indonesia.
Tata Motors Q2 net dips 16% on forex losses, cost pressures
Forex kin losses, lower car sales and higher commodity and marketing costs have led to a 16 per cent dip in Tata Motors' consolidated net profits for the shelter ending September 30, 2011.
Even as consolidated net sales in the period went up 27 per cent, the EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) margins in the shelter fell 140 bps to 13.3 per cent. Due to sudden depreciation of rupee (versus dollar) in the latter part of three-month period by 11 per cent, exchange loss on revaluation of outstanding foreign currency borrowings as on September 30, 2011 stood at Rs 294 crore.
easy-forex 2011 forex forecast
According to the Economic Times, “Monetary institutions invest over $1.7bn for overseas traffic scandal and facts… However, Dow Jones’ estimated $22m forex make available facts sales last year trailed far behind Thomson Reuters, at $1.28bn,...
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