Why did RFAIU's net profit surge in Q4 2024 despite negative operating profit?
5/9/2025 04:13pm
The net profit of RFAIU surged in Q4 2024 despite a negative operating profit due to a significant increase in investment income. This indicates that the company's investment performance was exceptionally strong during the quarter, which outweighed the negative impact of the operating loss. Here are the details:
|code|Ticker|Name|Date|Operating Income|Net Income|market_code|
|---|---|---|---|---|---|---|
|RFAIU|RFAIU.O|RF Acquisition II-U|2024 Q1|-60420|-60420|185|
|RFAIU|RFAIU.O|RF Acquisition II-U|2024 Q2|547028|547028|185|
|RFAIU|RFAIU.O|RF Acquisition II-U|2024 Q3|1422951|1422951|185|