Net Profit


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Net Profit

 

in capitalist society, the profit left over after income taxes. Net profit, whose amount depends on the amount of gross profit and the magnitude of income taxes, is used by businessmen and monopolies for the expansion of production and for parasitic consumption. By maintaining secrecy in commercial operations, exaggerating the depreciation rate of fixed assets, and using sophisticated methods to falsify accounts, capitalists are able to understate their net profit and thereby pay lower taxes.

The net profit of socialist enterprises is the profit shown on the balance sheet—that is, the amount left over after subtracting payments made to the state from profits: capital charges, fixed (rent) payments, payments from the free profit remainder, and interest payments on loans. Net profit is used to form incentive funds, to augment the circulating capital of enterprises, and to finance certain capital investments.

References in periodicals archive ?
Adverse currency movements led it to book net loss of QR188mn compared with net profit of QR99mn in year-ago period.
Yahoo Finance reported that other sectors, including generic drugs and home health care, had net profit margins ranging from 9.
Onic Holding swung from net profit in the first quarter of 2010 to a net loss in the first quarter of 2011.
When it reported first quarter results, Ezz Steel blamed its fall in net profit on declining steel prices and weak export markets.
60 percent net profit margin average is, it should be noted that an average is created by accumulating a range of figures.
Net profit participants are often a film's writer, "B-level" talent, the composer and in some cases, the cinematographer.
For the full business year ending next March, the company expects a group net profit of 60 billion yen and a pretax profit of 100 billion yen on sales of 2,200 billion yen.
Calculating net profit margins requires basic mathematics.
5 million) will result in a net profit of NOK 155-160 million (US$ 22-22.
on Wednesday announced a consolidated net profit of 27.
Building companies should earn about 8 to 15% net profit margins," said Emma Shinn, a financial consultant with the Lee Evans Group, a Colorado firm that helps home building companies improve their business operations.
said Tuesday its group net profit surged in the fiscal first half ending Sept.