This is a rather menial question but I though there may be some logic behind it.
Can anyone tell me why the Earnings Per Share figures shown in the Australian Financial Review share tables is based on Gross Profit while individual companies report EPS based on Net Profit?
I would have though EPS on net profit would be more relevant which begs the question, why the AFR doesn't report it this way.
Can anyone tell me why the Earnings Per Share figures shown in the Australian Financial Review share tables is based on Gross Profit while individual companies report EPS based on Net Profit?
I would have though EPS on net profit would be more relevant which begs the question, why the AFR doesn't report it this way.
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