BHI posted a massive net loss for the third quarter of 2016, when compared to prior-year quarter, due to high redundancy costs and increased management remuneration bonuses.
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We ur fauchelt o' carrying ye lot. Tis aboot time ye stairted pul'in yer weight.
Excellent news for me.
However, by converting a $429million loss into a $7million profit on paper, bonuses will be forthcoming for senior management (plus an extra bonus for the creative accounting department).
Bummer
Shocking performance by Baker top management once again.