Does anyone have a logical explanation for the above?  Is this company in business to show a profit or for some other reason?

Answer: Little or no sign of monetization of assets yet. For the last 18 odd years of Imperical evidence, shows no sign of change. However as the saying goes past performance doesn't always dictate future returns.  Guess we will see what 2017 brings.  At least we will have a more business friendly administration to look forward to.