Net operating profits
at Fortis's banking arm - it has a banking operation in Birmingham --in the first quarter were up 12 per cent at pounds 401.7 million.
Under a revised view of the resale price method that agents have recently been using in inbound cases, the agent might look to the net operating profit
before tax of the potentially comparable companies and adjust the taxpayer's gross margin upward to produce the same net profit margin.
The property giant, which posted net operating profits
of Dh1.656 billion in the first half of 2010 -- a 122 per cent surge on the same 2009 period -- said the results underscored the "effectiveness of its strategy to focus on the core competency of value creation by building premium real estate master-developments in key geographic markets."
Emaar Properties PJSC posted revenue and net operating profits
of AED 12.520 billion (US$ 3.409 billion) and AED 5.573 billion (US$ 1.517 billion), respectively, for the first nine months of 2008, supported by strong domestic revenues and profit.
Despite the gloomy outlook, the Belgium-Dutch group, which has a base in Birmingham, said it had enjoyed a strong performance during the nine months to September 30, with net operating profits
- which excludes one-off items - up four per cent to pounds 1.28 billion.
The Belgium-Dutch group previously said it was on course to achieve a 12pc increase in net operating profits
per share if conditions did not continue to worsen.
In other words, our cost of capital exceeded net operating profits
by $150 million.
Core investment bank operations were the primary drivers of growth, with the net operating profits
rising 487% YoY to EGP 85m in Q3 2014.
The typical hardware store's net operating profit
in 2018 was 3.6 percent, while high-performance operations saw a 9.1 percent rate.
Net operating profit
climbed to pounds 973 million against analysts' expectations of pounds 925 million, from pounds 935 million last year.