Business
Japanese carmaker Honda said Friday its first-half net profit dropped 19 percent on negative currency exchange rates and falling motorcycle sales, slightly revising down profit forecasts for the full year.
Nov 8, 2019
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5
Business
Shares in Italian luxury sportscar maker Ferrari leapt ahead Monday after the company raised its 2019 targets and unveiled a partnership with Armani.
Nov 4, 2019
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7
Business
The world's largest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market.
Oct 31, 2019
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0
Business
Japan's Sony said Wednesday half-year net profit fell nearly 15 percent, but it upgraded its annual forecast on solid growth in its image-sensor and music sectors.
Oct 30, 2019
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0
Automotive
German car giant Volkswagen said Wednesday it was confident of hitting financial targets despite a lower unit sales outlook, warning "vehicle markets will contract faster than previously anticipated in many regions".
Oct 30, 2019
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0
Automotive
German carmaker Daimler reported Thursday a return to quarterly profits in July-September after its first three-month loss in 10 years, but said more work was ahead as it confronts a slowing global market.
Oct 24, 2019
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2
Business
India's largest software exporter Tata Consultancy Services (TCS) on Thursday reported weak quarterly earnings, missing profit estimates as demand for its key banking and financial sector services shrank.
Oct 10, 2019
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0
Business
Samsung Electronics said on Tuesday it expected operating profits to drop more than 50 percent in the third quarter as it struggles with a long-running slump in the global chip market.
Oct 8, 2019
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5
Business
Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit.
Aug 20, 2019
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2
Business
Chinese internet giant Tencent said Wednesday its net profit jumped 35 percent in the second quarter, as the company continued to wriggle out of Beijing's crackdown on online gaming and build mobile game growth.
Aug 14, 2019
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0
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
