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Nokia's "Shadow" Profit Was over a Billion Euros Better than the Official One in a Year - This Is What It's All About
Summary by arvopaperi.fi
1 Articles
1 Articles
Like many other companies listed on the Helsinki Stock Exchange, Nokia primarily uses a profit figure that deviates from international IFRS reporting. Last year alone, this profit figure was more than a billion euros better than the result reported under the standard. Nokia justifies the use of its profit figure by saying that it best describes the company's business.
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