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gross profit
(redirected from Gross operating profit)

   Also found in: Legal, Acronyms, Wikipedia, Hutchinson 0.01 sec.
Gross profit

gross profit
Total revenue of a business minus the cost of goods it sold. Gross profit does not include income from incidental sources and also excludes selling and administrative expenses. Compare net income.


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The third quarter also witnessed a significant increase in gross operating profit to Dh258 million, up 160 per cent over the same period in 2008 and 29 per cent over this year's second quarter.
According to one company report, better efficiencies and cost saving plans during 2009 also encouraged the growth of gross operating profits by almost 23%.
To reach such target, Acer will have to maintain in the next three years 10% gross operating profit margin.
 
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