Do the profits of holding subsidiaries belong to the parent company?
The part of the profit of the holding subsidiary flowing to the parent company is the proportion of the equity held by the parent company multiplied by the profit of the subsidiary. The profits of the holding subsidiaries are distributed in proportion to the equity. If the subsidiary is a wholly-owned subsidiary of the parent company, the parent company will share and control the equity amount of the subsidiary. In this case, all the profits of the subsidiary company belong to the parent company. If the subsidiary is not a wholly-owned subsidiary, the profits of the subsidiary shall be distributed according to the shareholding ratio.