Automotive
Toyota said Wednesday that net profit soared 50 percent in the third quarter and upgraded its full-year forecasts as the global auto industry gradually recovers from the coronavirus pandemic.
Feb 10, 2021
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Automotive
Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic.
Feb 9, 2021
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4
Business
The New York Times said Thursday it had some 7.5 million paid subscribers at the end of 2020, a gain of more than two million for year as it progressed in its digital transition.
Feb 4, 2021
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6
Business
The Finnish telecommunications networks provider Nokia on Thursday reported a smaller than expected drop in profit in the fourth-quarter while it acknowledged it was facing some challenges in the race for 5G networks, particularly ...
Feb 4, 2021
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Automotive
South Korean automaker Hyundai Motor defied the coronavirus pandemic to post a surprise 78 percent surge in fourth-quarter profits Tuesday, as robust domestic sales offset weak overseas demand.
Jan 26, 2021
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Business
World leading Dutch microchip machine maker ASML said Wednesday it managed to chalk up strong growth last year despite the coronavirus pandemic as demand for equipment for online services at home kept electronics manufacturers ...
Jan 20, 2021
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Business
India's largest software exporter Tata Consultancy Services saw its quarterly profits climb more than seven percent Friday, citing strong demand for its cloud services as the pandemic boosts remote working.
Jan 8, 2021
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4
Business
Chinese internet giant Tencent said Thursday its revenue climbed 29 percent in the third quarter of this year, spurred by gaming and advertising as coronavirus lockdowns keep users indoors and online.
Nov 12, 2020
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5
Automotive
Toyota on Friday almost doubled its full-year forecasts, saying sales and production were recovering quickly from the coronavirus pandemic, which has shredded the global auto market this year.
Nov 6, 2020
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3
Business
Japanese gaming giant Nintendo said Thursday its first-half net profit soared 243.6 percent on-year as it upgraded its full-year sales and profit forecasts, with coronavirus lockdowns driving extraordinary demand.
Nov 5, 2020
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4
In business and finance accounting, net profit is equal to the gross profit minus overheads minus interest payable plus/minus one off items for a given time period (usually: accounting period).
A common synonym for "net profit" when discussing financial statements (which include a balance sheet and an income statement) is the bottom line. This term results from the traditional appearance of an income statement which shows all allocated revenues and expenses over a specified time period with the resulting summation on the bottom line of the report.
In simplistic terms, net profit is the money left over after paying all the expenses of an endeavor. In practice this can get very complex in large organizations or endeavors. The bookkeeper or accountant must itemise and allocate revenues and expenses properly to the specific working scope and context in which the term is applied.
Definitions of the term can however vary between the UK and US. In the US, net profit is often associated with net income or profit after tax (see table below).
The net margin percentage is a related ratio. This figure is calculated by dividing net profit by turnover, and it represents profitability, as a percentage.
This text uses material from Wikipedia, licensed under CC BY-SA
