Soul Patts and Brickworks: Interims 2014

The Soul Patts/Brickworks saga takes the back seat as both businesses release interim results.

Analysing the results of investment companies differs slightly from results of operating businesses. WH Soul Pattinson, as we have noted in previous reviews, is best understood as the sum of its constituent investments. To that end, the company helpfully reports both a statutory and regular profit, which eliminates items such as asset gains and revaluations.


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