My understanding of the 'paper profit' is that because it's not really there, that cash reserves are being used to pay normal operating costs, loans for new a/c and the normal everyday running costs (i.e. you and me) etc etc, with the actual operating costs or whatever it is being a loss of HKD795 million, then cash reserves are being eaten up.
Some measures are being looked at, I'm told, to reduce this cost and although the statement is that jobs are not under threat, don't forget they also denied that unpaid leave was an option, shortly before it became one, bearing in mind it had taken some 3 months of planning and checking on legalities etc before it was introduced.
At this time I would be very worried about yours and my future, it is not rosey and it may be shorter than you think unfortunately, or fortunately for some that want out.
