Question 2

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investman2

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Question 2

posted on Jul 03, 2013 09:41PM

Someone posted not long ago that INT has never had any gross profit....hum

would that poster tells me if gross profit is not the difference between gross revenues and cost of good solds BEFORE operating expenses?

If not than maybe that poster could explain to us how we should now calculate gross profit.

Also for the same poster stating that major part of revenues from quarter ending in march 2013 was from Itibiti and also mentionned that it was from indicated in the financial. Maybe you should re-read note 25 that goes with revenues as there is no mention of Itibiti there or maybe as usual i am wrong and it is mentionned somewhere...(oh and by the way Itibiti sale was completed on march 31st. Would you mean that all those sales were for only 1 day???)