starship888
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The rise in profits is purely a one-time cosmetic gain due to asset sale and revaluation which accounted for a whopping $207.1m.
Without these one-time gains, the profits from businesses this FY17 is a huge drop from FY16.
Without these one-time gains, the profits from businesses this FY17 is a huge drop from FY16.
although in e long run it helps due to lower recurring expenses.