Business
Sony said Tuesday net profit fell more than 30 percent in the nine months to December, but upgraded its annual net profit forecast on solid growth in its image sensor and financial services sectors.
Feb 4, 2020
0
4
Business
Panasonic said on Monday its operating profit for the April-December period dropped 18 percent on lower sales in China but it left its full-year forecast intact despite the deadly coronavirus outbreak.
Feb 3, 2020
0
3
Automotive
Chinese demand for British luxury brands Jaguar and Land Rover helped Indian automaker Tata Motors return to the black on Thursday, despite falling sales in the domestic market.
Jan 30, 2020
0
4
Business
Japanese gaming giant Nintendo on Thursday reported a leap in sales and profit for the nine months to December, upgrading its full-year profit forecast on strong demand for its popular Switch console.
Jan 30, 2020
0
2
Business
The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits on Thursday, blaming weakening demand in key products and falling chip prices.
Jan 30, 2020
0
2
Business
European aerospace giant Airbus said Tuesday it has agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States.
Jan 28, 2020
0
3
Business
India's second-largest IT outsourcing firm Infosys on Friday announced a 23.5 percent jump in its quarterly net profits, beating estimates as it declared that an internal probe had found no evidence of misconduct by its top ...
Jan 10, 2020
0
4
Business
Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next year it will unlikely match the level hit in 2018.
Dec 11, 2019
0
0
Business
The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city's biggest offering since 2010 despite recent political turmoil.
Nov 21, 2019
0
3
Business
Crisis-hit Japanese automaker Nissan Tuesday slashed its full-year forecast for both sales and profit as it struggles with weak demand in Japan, the US and Europe, as well as fallout from the arrest of former boss Carlos ...
Nov 12, 2019
0
6
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
