Prelim/Preliminary Statement
Prelim/Preliminary Statement
Financial glossary
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Finance
Definition of prelim/preliminary statement
Prelim/Preliminary Statement: The announcement made by the company to the Stock Exchange on its annual results, earnings and proposed dividend and made prior to the publication and release of the full: Price Earnings Ratio (P/E): The share price divided by the earnings per share produces the price earnings ratio. It is used as a tool to measure whether a particular share is cheap or expensive: Profits: The amount of cash left in a business after deducting all the expenses from the revenues earned. However charges can eat up the paid up value.
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