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Totally Pooperesque

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    Totally Pooperesque

    “ ‘Negative earnings’ at Npower prove a drain on Eon profit

    The takeover of a loss-making rival has contributed to a fall in first-half profits at Britain’s second biggest energy supplier.“

    ‘Negative earnings’ at Npower prove a drain on Eon profit | Business | The Times


    #2
    Originally posted by AtW View Post
    “ ‘Negative earnings’ at Npower prove a drain on Eon profit

    The takeover of a loss-making rival has contributed to a fall in first-half profits at Britain’s second biggest energy supplier.“

    ‘Negative earnings’ at Npower prove a drain on Eon profit | Business | The Times

    Strictly speaking from an accounting point of view that might be correct? Earnings is not the same as profit, which in any case is an accounting concept and not the same as cashflow...

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      #3
      Negative earnings are the same as positive losses...

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