charges were $5.9 million compared with $25.0 million for the prior year fourth quarter.
However, he views the stock as oversold on both fundamental and technical measures, estimating that yesterday's selloff priced in a $3.2B asset impairment
, even though the company's "one sub-optimal density pilot" costs only $100M.
LONDON (Alliance News) - Baron Oil PLC on Friday said its loss widened in 2018 due to unsuccessful exploration of the UK offshore Wick prospect and an intangible asset impairment
has decided to book more than NT$3 billion (US$97.40 million) in asset impairment
losses from its overseas investment into its 2018 results.
Summary: Mumbai, Feb 7 (ANI): Tata Motors said on Thursday its profit after tax of Rs 26,961 crore during October to December 2018 was impacted by an exceptional item of asset impairment
in Jaguar Land Rover of 3.1 billion pounds (about Rs 27,838 crore).
chalked up P21.6 billion in net profit last year, down by 4 percent due mostly to nonrecurring losses from asset impairment
and debt prepayment costs.
Results for the quarter included a $2.4 million asset impairment
charge related to the crude oil trucking and producer field services business segment.
The largest after tax items were $24 million in pension settlement charges, a $25 million asset impairment
charge and $10 million in unamortized financing cost charges.
On 23 February 2016 Noble announced that it will book $1.2 billion in non-cash asset impairment
charges, which are in addition to the expected write-down of over $500 million related to the sale of its remaining 49% stake in Noble Agri Limited.
Diluted earnings per share, excluding the asset impairment
and related tax impact, of USD0.76 was recorded for the third quarter of 2015, an improvement of 1.3%against the adjusted diluted earnings per share of USD0.75 for the third quarter of 2014.
Tesco announced PS7bn one-off T charges, including PS4.7bn fixed asset impairment
(in the UK, the property impairment was PS3bn) when expectations has been a PS3-5bn exceptional charge.
Fourth-quarter net income included an after-tax gain of $800,000, or 2 cents per share, representing the reversal of asset impairment
charges on a store held for sale.