Comparative Period definition
Examples of Comparative Period in a sentence
If the Manager is able to demonstrate to the Owner that its Average Profit Margin for the Comparative Period was greater than its Average Profit Margin during the Fee Disputed Subsequent Term, the Owner will pay to the Manager an amount required to rectify such shortfall.
If the Manager is unable to demonstrate to the Owner that its Average Profit Margin for the Comparative Period was greater than its Average Profit Margin during the Fee Disputed Subsequent Term, no payment to the Manager will be made.
The audited financial statements will set forth in comparative form the average revenues and expenses for the Fee Disputed Subsequent Term and the Comparative Period and will be certified by one of the Manager’s financial officers.
The Group’s liquor trading division did not generate any revenue during the Period (Comparative Period: HK$20,000).
The Group’s optoelectronics products division did not generate any revenue during the Period (Comparative Period: HK$1.5 million).
The Group’s sapphire watch crystals division did not generate any revenue during the Period (Comparative Period: Nil), principally due to the sluggish market of traditional watches resulted from competition of smart watches.
Loss attributable to owners of the Company for the Period was approximately HK$2.3 million (Comparative Period: HK$2.3 million).
The increase from HK$3.0 million for the Comparative Period to HK$3.6 million for the Period primarily due to increase in legal and professional expenses.
The Group’s LED products division recorded a revenue of approximately HK$28.2 million for the Period (Comparative Period: HK$18.0 million).
The total staff costs including Directors’ remuneration for the Period were approximately HK$2.3 million (Comparative Period: approximately HK$1.7 million).