Hi, Nick_btw1 and HHLL,
Thank you both very much for raising this issue and I have just checked it with all HSN's previous reports.
In its statutory FY18 Financial Report (p30, issued 17/8/2018), it gave just 2 values - 1/ Basic EPS=14.8(c); 2/ Diluted EPS=14.7(c).
But in its "News Release" (p1) and "Presentation" (p5 and p4) issued on the same day, it gave only one value of "EPS" or "Basic EPS"=19.4(c) with a note saying "Basic EPS based on NPATA". It also gave another lengthy note mainly saying that NPATA was NPAT before amortization.
From that time on, however, HSN never mentions the statutory EPS values of 14.7c/14.8c in all its announcements any more, and now even not mentioning the inflated 19.7c value of its so-called "EPS" being "based on NPATA". Thus Obviously this is quite cheatery and misleading.
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Hi, Nick_btw1 and HHLL,Thank you both very much for raising this...
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