Net profit
hideIn 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.
For more information about Net profit, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with net profit
Semiconductor giant Infineon upgrades outlook
Nov 19, 2009 |
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German semi-conductor maker Infineon on Thursday upgraded its turnover and profits forecast over the next 12 months because of higher demand from the auto industry and cost cuts.
News Corp. net profit up on movie, cable TV showing
Nov 04, 2009 |
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Global media giant News Corp. posted an 11 percent rise in quarterly net profit on Wednesday as strong results from its movie, cable television and book publishing divisions offset a newspaper slump.
India's Wipro posts 19 percent rise in profits
Oct 27, 2009 |
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India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.
SKorea's Hynix finally swings to profit
Oct 23, 2009 |
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South Korea's Hynix Semiconductor, the world's second largest memory chip maker, Friday announced a profit for the third quarter after seven straight quarters of losses.
Taiwan's AU Optronics returns to profit in third quarter
Oct 22, 2009 |
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Taiwan's Au Optronics Corp on Thursday posted a net profit of 7.4 billion Taiwan dollars (228.5 million US) on increased demand and higher product prices following two consecutive quarterly losses.
India's TCS announces 29 pct quarterly profit jump
Oct 16, 2009 |
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India's biggest software services exporter, TCS, reported Friday that its quarterly net profit rose by 29 percent as the company sealed more deals in a better global business environment.
ASML returns to profit in third quarter, orders up
Oct 14, 2009 |
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(AP) -- ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased ...
Changing focus leads Dell to close NC plant
Oct 07, 2009 |
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(AP) -- A massive Dell Inc. computer assembly plant once seen as a job generator worthy of the promise of more than $300 million in state and local inducements will go dark in four months, a victim of new ...
China Mobile reports half-year profit up 1.5 percent
Aug 20, 2009 |
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China Mobile, the nation's largest mobile phone operator, on Thursday reported a 1.5 percent rise in half-year net profit, as it was hit by strong competition and a slow economy.
Scripps up sharply on Wall St on surprise profit
Aug 10, 2009 |
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US media company EW Scripps Co. reported a surprise quarterly net profit on Monday, despite a 29 percent decline in advertising revenue, sending its shares sharply higher on Wall Street.
News Corp 4Q loss hits $203M on MySpace writedown
Aug 05, 2009 |
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(AP) -- Global media company News Corp. says its fourth-quarter net loss hit $203 million due to huge impairment charges at MySpace, while its operating profit for the year was slightly worse than it predicted due to the ...
Washington Post stems tide of red ink
Jul 31, 2009 |
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The Washington Post Co. reversed its slide and posted a quarterly profit on Friday despite a steep decline in advertising revenue at its flagship newspaper.
SAP posts better-than-expected net profit
Jul 29, 2009 |
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SAP, the German professional software giant, posted a better than expected second quarter profit on Wednesday, and said it would maintain tight cost controls for the remainder of the year.
Samsung Electronics posts 'outstanding' Q2 results
Jul 24, 2009 |
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Samsung Electronics Co., the world's leading computer memory chipmaker, on Friday posted what it called "outstanding" second-quarter results due to a recovery in prices and demand.
LG Electronics posts record Q2 earnings
Jul 22, 2009 |
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South Korea's LG Electronics Wednesday reported a record quarterly net profit, boosted by brisk sales of flat panel televisions and mobile phones.
