net profit


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Profit

A company's total revenue less its operating expenses, interest paid, depreciation, and taxes. For example, suppose a widget manufacturer earns $1,000,000 in total revenue. The widgets cost $200,000 to make and his administrative and payroll expenses total $250,000. He also must subtract $50,000 in depreciation on his widget manufacturing equipment and pay $200,000 in taxes. His net income is stated as: $1,000,000 - $200,000 - $250,000 - $50,000 - $200,000 = $300,000.

net profit

See net income.

net profit

the difference between a firm's SALES REVENUE and all COSTS. In accounting terms net profit is the difference between GROSS PROFIT and the costs involved in running a firm (including DEPRECIATION costs and INTEREST charges). In the UK, net profit may be expressed before or after deduction of CORPORATION TAX. See PROFIT, PROFIT-AND-LOSS ACCOUNT.

net profit

the difference between a firm's TOTAL REVENUE and all EXPLICIT COSTS. In accounting terms, net profit is the difference between GROSS PROFIT and the costs involved in running a firm. See PROFIT, PROFIT-AND LOSS ACCOUNT.
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References in periodicals archive ?
Samsung and KB Kookmin saw their net profit increase 7.9 percent and 8.8 percent, respectively.
Card fee cuts begin to eat into profit
Earlier this week, Punjab National Bank, Union Bank of India and Syndicate Bank also reported lower net profits due to surge in NPAs.
Profitability takes a hit as bad loans hit PSBs
Saudi Electricity Co, or SEC, the Gulf's largest utility firm, reported a 144 per cent jump in its net profit for the second quarter on Monday, beating analysts' forecasts because of a one-time gain.
Mobily's Q2 net profit slips 18.6%
However, net profit came in line with our view for 2H2013, reflecting either a positive surprise in non-interest income and/or lower-than expected provisioning charges/costs.
Credit Agricole Egypt reports Q3 net profit of EGP 163 million
Bank J Van Breda & Co also saw its net profit go up by 10% to EUR 17.9 million.
Belgian AvH raises H1 net profit to EUR 94.8m
On a GAAP basis, the company reported a net profit of USD 287m for Q2 '13 or USD 1.40 per diluted share.
US Airways posts record profit for Q2
Resona's net profit grew 45.4 percent to 229.21 billion yen.
3 of 5 major Japanese banks report net profit growth in April-Dec
By sector, 2011 aggregate net profits for GCC Banking sector increased by 15.4 percent YoY.
Profits of GCC listed firms up 29.8% to $52.21bn in 2011
Du made a net profit before royalty of 497.4 million dirhams ($135.42 million), compared with a profit of 430.9 million dirhams in the same period a year ago, it said in a statement.
UAE telco Du Q4 profit rises 15 percent
The company posted net profit of INR27.25bn in the quarter, compared to INR2.11bn in the year-ago period.
-Hindustan Petroleum Corp. reports Q3 net profit
19 January 2012 - UralSib Bank saw its net profit for 2011 ease 7%, as calculated under Russian Accounting Standards, the Russian lender said on Wednesday.
-UralSib Bank's RAS net profit slips 7% in 2011
Aggregate net profit of listed Kuwaiti companies for the nine months stood at 966.21 million dinars, down by 5.11 per cent year-on-year, compared to 1.02 billion dinars net profit for the corresponding period last year.
Corporate earnings in Kuwait decline 5 per cent

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