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(From ABIX - Australasian Business Intelligence - Shares)
Byline: Clive Gaunt
Understanding financial statements can actually help you to invest successfully on the Australian Stock Exchange. The statement of financial performance every listed company is required to produce is basically a profit and loss statement. One of the most important details on this is called the net profit after tax (NPAT), and this is usually found at the bottom of such a statement. It ...