Higher Net Income Despite Lower Operating and Ordinary Income Amid Sales Growth, Followed by a Shift to Broad-Based Earnings Declines

This covers a divergence across profit levels in which sales increase while operating income and ordinary income decline, whereas profit attributable to owners of the parent increases due to gains on the sale of investment securities and other factors. It also includes the subsequent shift to a phase in which sales, operating income, ordinary income and net income all decline.