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National Enterprises Limited 2022 profit is an illusion

Living in a fool’s paradise is the best way to de­scribe the financial statements issued by National Enterprises Limited (NEL) for the period ending September 30 2022. According to the report, the Company made a $2 billion profit, but sharehold­ers will not see at least $1.8 billion, thanks to a method of account­ing development some…

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