Earnings Before Interest and Tax

(redirected from Net Operating Profit)

Earnings Before Interest and Tax

A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead) but not subtracting its tax liability or interest paid on debt. It is important to note that EBIT does not account for one-off or otherwise unusual revenues and expenses, only recurring ones. EBIT represents cash available to pay off creditors in the event of liquidation and, as such, it is closely watched, especially when the company incurs little depreciation or amortization. It is also called operating profit.
References in periodicals archive ?
The group's revenue growth surpassing the increase in expenses, for a second quarter, thus reporting a net operating profit of EGP 379m, up 21% y-o-y in 2Q19 and a net operating profit margin of 36%.
The net operating profit declined by 65pc from $9.82m to $3.40m due to an increase in the group's operating expenses as well as an expected decrease in revenue from contracting activities and the capital gain from one of the investment disposals in the same period last year.
Net interest income of the bank doubled in the first quarter of this year and amounted to 8.14 million manats, while net operating profit of the bank increased more than four times and amounted to 2.48 million manats.
Reportedly, the growth in Beirut's room value was due to an improvement in revenues per available Room (RevPAR), and a four-percentage-point increase in the net operating profit margin.
The typical hardware store's net operating profit in 2018 was 3.6 percent, while high-performance operations saw a 9.1 percent rate.
Dr Esam Abdullah Fakhro, chairman of the Bank, said: "In the nine months ended this year, the bank recorded a net operating profit of BD12.6 million compared to BD13 million for the same period last year, a decrease of 2.7 per cent.
While group revenue rose 10.3 percent in the second quarter from a year earlier to 2.62 billion ringgit, net operating profit fell nearly 18 percent to 324.8 million ringgit.
In 2017, Emaar Properties recorded a net operating profit of Dh5.704 billion ($1.553 billion), a growth of 16 per cent over the FY 2016 net operating profit of Dh4.917 billion ($1.339 billion).
With the full support of our partners and stakeholders, RAK Properties managed to record double-digit growth in its net profit and net operating profit for the period ending on December 31 st 2017."
Net operating profit increased by 14% to $56m (AED204m) for the same period compared to $49m (AED179m) reported in 2016.
It recorded a net operating profit of Dh5.704 billion ($1.553 billion) during full-year (January to December) 2017, a growth of 16 per cent over the 2016 net operating profit of Dh4.917 billion ($1.339 billion).
This was due to a seven per cent rise in net operating profit (from AED 383 million in 2016 to AED 411 million last year) and an eight per cent fall in impairment charges, which dropped to AED 237 million in 2017 from AED 258 million in 2016.