Profit in a sentence

The primary difference between profit and non-profit organizations is that "for-profit" organizations look to maximize wealth versus non-profit organizations, which look to provide a greater good to society.

A Profit & Loss (P&L) Report details revenue, the cost of sales, gross profit, overhead expenses and net operating profit.

Page 21 on the operating profit development for the life business, we achieved record profit in life with €5.3 billion of profit.

Investors are in the business of aviation for the profit and can’t make a profit without safety or have a safe airline without profit.

Corporations chartered in regions where they are distinguished by whether they are allowed to be for profit or not are referred to as "for profit" and "not-for-profit" corporations, respectively.

In other words, local tax or accounting rules may treat a dividend as a form of customer rebate or a staff bonus to be deducted from turnover before profit ( tax profit or operating profit ) is calculated.

Not for profit businesses The business goals may be defined both for non-profit or for-profit organizations.

Bloomberg L.P.’s profit would be subject to income tax, even if it was owned by a nonprofit, said Jim Friedlich, executive director of The Lenfest Institute for Journalism, the nonprofit that owns the for-profit Philadelphia Inquirer.

But if we take, again, a conservative view of margin attached to that 30%, you're at a little over $6 million in terms of sort of gross profit for the year, which is effectively around $2 million in gross profit moving forward each quarter.

Elastic's gross profit margins have been relatively stable in recent quarters, and its operating profit margins continue to trend upwards.

He said: “We’re not going to skip over that there’s profit in property development, the main reason I’m in it is for profit.

His non-profit, which gets funding from a variety of donors, foundations, schools, and partnering nonprofits, now offers the program to 800 students at 14 schools and non-profit organizations.

Housing Trust Fund is a mixture of both forgivable and repaid loans, typically depending on whether the applicant is a non-profit or for-profit.

Others have high profits, too: Shell stated it had a $41.6 billion profit last year and ExxonMobil reported an astounding $55.7 billion profit.

Our product gross profit decreased by $3 million, or 1%, to $354 million as higher home heating oil and propane margins, along with an increase in motor fuel gross profit partially offset the 11% decline in home heating oil and propane volume.

The change in presentation has been applied retrospectively and has an impact on the Group's reported operating profit but not the net profit for the year ended December 31, 2021.

The company’s financials have produced contracting top-line revenue, sharply lower gross profit and gross margin, reduced operating profit and operating margin and decreased cash flow from operations.

The company’s financials have produced lower topline revenue year-over-year, reduced gross profit but higher gross margin, decreased operating profit and fluctuating cash flow from operations.

The grocer, which owns Sobeys, Safeway and other banners, says the profit amounted to $1.03 per share for the quarter ended Aug. 5, up from a profit of 71 cents per share a year earlier.

The group told investors Thursday it is set to post a profit of nearly £400million for the past year, after upgrading its profit targets for the second time in three months.