QWI Q1 as at December 2019 FINAL-Revised 11 Sept 2020
QWI – Directors Report as at December 31, 2019
Revision: QWI has advised that in the first two quarters of this year QWI Investments classified its unrealised foreign currency translation differences to Administration expenses.
In the third quarter QWI amended this treatment to include these differences as part of the company’s investment gains.
As a result of this change in accounting classification QWI has restated its first two quarterly reports to ensure proper comparability with the third and subsequent quarters.