gross profit

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Related to Gross Profits: net sales, net profits, operating profits

gross profit

n
(Accounting & Book-keeping) accounting the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.gross profit - (finance) the net sales minus the cost of goods and services sold
corporate finance - the financial activities of corporation
net income, net profit, profit, profits, earnings, lucre, net - the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
References in periodicals archive ?
For licensed betting offices or media platforms showing a gross profit on British horseracing of more than pounds 75,000 per year, a flat ten per cent charge of gross profits will apply.
A group of Hollywood's top writers have struck an unprecedented agreement with Sony for gross profits from hit movies.
Our truck gross profits, which consist of truckload and less-than-truckload ("LTL") services, decreased 1.
The number-crunchers from the ministry have stayed true to the initial statement, that payment would be a percentage of bookmakers' gross profits from horse-race betting, rather than the turnover-based system that has been in place for over 30 years, and different from the 15 per cent of gross profits on all betting shop business that the government will take in return for the abolition of betting duty.
On a per business day basis our North American truckload gross profits declined in December and have continued to decline so far in January 2009.
According to the latest Betting Office Licensees' Association newsletter, "early indications are that with a gross profits tax due to begin in October, the Bookmakers' Committee will propose a gross profit levy.
Our truck gross profits consist of truckload and less-than-truckload ("LTL") services.
5 percent in our ocean transportation gross profits in the first quarter of 2008 was driven by double-digit volume growth and price increases, offset partially by a decline in gross profit margins.
4 percent in our ocean transportation gross profits in the fourth quarter of 2007 was driven by volume growth.
0 percent in our ocean transportation gross profits in the third quarter of 2007 was driven primarily by volume growth.
In our international freight forwarding business, our ocean gross profits increased 9.
Through the combination of increasing sales and gross profits surpassing the measured increases in selling and administrative expenses, the Company realized its first quarterly net profit in the 4th quarter of fiscal 2006.