I was reading ASUS’s annual report and I am confused with sales and revenue, can someone please explain to me?
2017 revenue numbers as follows
Taiwan $ 69,893,799
Total $ 433,966,791
2017 Sales numbers as follows
Sales to TW 27,107,279
Asia Pacific / Oceania 166,964,495
Net sales 433,966,791
What I don’t understand is that why Taiwan‘s revenue number is so much higher than sales whereas Europe’s revenue number is so much lower than sales?? and the overall Sales and revenue number are actually the same??
can someone please explain to me? Thank you.