Odfjell Drilling Gain/Loss on Sale Business (Quarterly)

Gain (Loss) on Sale of Business is the financial result that arises when the company sells a portion of its business or a subsidiary. If company sells the business segment for greater than its book value a gain is realized, if it is sold for less, a loss is realized. Gain (Loss) on Sale of Business is considered an operating activity and part of a company's core business. Gain (Loss) on Sale of Business is taken from a company's cash flow statement.

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