difference between group and company

Q & Adifference between group and company
Julia asked 1 year ago

What is the difference between group and company in financial statement of the annual report? Which one do we take in for our calculation?

1 Answers
Peter Lim Staff answered 1 year ago

A public listed company usually have subsidiaries. Company means the financial statement of the parent company only. Group means financial statement of the parent company + all its subsidiaries.