UK Accounting Glossary
Sales minus cost of sales minus all administrative and selling costs.
Net profit is the gross profit (revenue minus cost of goods) minus operating expenses and all other expenses, such as taxes and interest paid on debt.
Net profit was up 26.3%.
In the first quarter, net profit more than doubled to 2.34 million pounds.
The net profit was up 10 percent on sales.
The balance of the profit and loss account represents the net profit or loss for the accounting period.
Analysts believe the company’s net profit has probably halved within the last year, to around 200 million dollars.
The net profit margin is around 2.4 to 2.6 percent.
Can you tell me the company’s net profit for the last quarter?
Fujitsu stated that it had expected to break even in 1993-94, with nil net profit.
The preliminary figures were well below many analysts’ predictions at just 146 million in net profit.
Qualicorp have announced a net profit of just £19,312 for last year.
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This glossary post was last updated: 23rd December 2018.