May 23, 2005 11:55
19 yrs ago
1 viewer *
English term
loss from continuing operations (urgent)
English
Bus/Financial
Accounting
US to UK English
A revision of a press release from US to UK English. To me this doesn't sound right to UK ears in the original. Any suggestions for rephrasing?
XXX reported revenues of $2.6 billion in the 2004-2005 financial year, an increase of 11.4% over the previous year. This growth, coupled with the benefits from restructuring activities and productivity improvements during the industry downturn mentioned above, brought the company from a *loss from continuing operations* of $(42.0) million or $(0.28) per share the previous year to a profit of $11.7 million or $0.08 per share this year.
XXX reported revenues of $2.6 billion in the 2004-2005 financial year, an increase of 11.4% over the previous year. This growth, coupled with the benefits from restructuring activities and productivity improvements during the industry downturn mentioned above, brought the company from a *loss from continuing operations* of $(42.0) million or $(0.28) per share the previous year to a profit of $11.7 million or $0.08 per share this year.
Responses
3 +2 | loss from continuing operations | David Sirett |
4 +1 | earned a profit of ... | Balasubramaniam L. |
Responses
+2
33 mins
Selected
loss from continuing operations
turned a loss... the previous year into a profit of...
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Note added at 35 mins (2005-05-23 12:30:42 GMT)
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or \"allowed the company to turn...
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Note added at 35 mins (2005-05-23 12:30:42 GMT)
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or \"allowed the company to turn...
4 KudoZ points awarded for this answer.
Comment: "Graded automatically based on peer agreement."
+1
1 hr
earned a profit of ...
Xxxx reported revenues of $2.6 billion in the 2004-2005 financial year, an increase of 11.4% over the previous year. This growth, coupled with the benefits from restructuring activities and productivity improvements during the industry downturn mentioned above, earned the company a profit of $ 11.7 million (or $0.08 per share) from its continuing operations during the year. In contrast to this, last year the company had incurred a loss of $11.7 million (or $0.28 per share) from its continuing operations.
Peer comment(s):
agree |
Mihaela Brooks
: one comment: UK usage is "the previous accounting year"...
15 mins
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Thanks Mihaela.
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