Hi Victor,
With reference to HongKong Land, its P&L statement has separated out the Non-trading items (which involved the fair value of its investment properties) from its core business.
Should we then exclude this non-trading items column when we input the financials or do you treat the revaluation of its properties as extraordinary items?
Should we then exclude this non-trading items column when we input the financials or do you treat the revaluation of its properties as extraordinary items?