KQ makes Sh900m operating profit, six-month net loss down to Sh4.78 billion

Dhuks · Oct 28, 2016

I hope the proceeds from the sales of aircraft are not reported as profits

kwelko · Oct 28, 2016

Dhuks said:
I hope the proceeds from the sales of aircraft are not reported as profits

If the disposal was at a loss or profit (which would be the Sale Price less Cost of aircraft less depreciation from the year of purchase to disposal) then the loss or profit element would be included in the final Net Profit as other incomes/losses.
The Net cost of Aircraft (i.e. Original cost less depreciation) however only features in the Balance sheet.

Geza Ulole · Oct 28, 2016

This means KQ still mints loses..

Juakali1980 · Oct 28, 2016

Geza Ulole said:
This means KQ still mints loses..

Tim Choice · Oct 30, 2016

kwelko said:
bunge ndo nyumbani kwao. They manufacture, package and distribute ushenzi. Alafu hiyo story ya Afya House imenikera beyond words. Like what the hell is wrong with Kenya!!?? Hapa naomba Uhuru aseme kama mbaya mbaya na awatimue bila kujali court cases et al!! This is just so ridiculously wrong. I'm not in Kenya but am so interested in knowing the progress of nailing that nincompoop in Afya House. Guys please mnipe updates if any.

Uhuru yupi?..yule mmoja ama mwingine?..mwenyewe ni mhusika, pamoja na jamaa zake!..kweli waafrika hamfikirii!

kwelko · Oct 31, 2016

Tim Choice said:
Uhuru yupi?..yule mmoja ama mwingine?..mwenyewe ni mhusika, pamoja na jamaa zake!..kweli waafrika hamfikirii!

yeah just sad. Really sad. He actually wasn't being figurative when he said tunakula nyama mkimeza mate. He was telling the truth. We chose to joke about it than scrutinize it. Here we go. These are the consequences of our tribal votes.

KQ makes Sh900m operating profit, six-month net loss down to Sh4.78 billion

Dhuks

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kwelko

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Geza Ulole

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Juakali1980

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Tim Choice

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kwelko

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