This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.
For example, your profit and loss statement may show that you have a gross profit of $3,000, made up of $10,000 in revenue less $7,000 in Cost of Goods Sold. This shows that you’re making a 30% ...
Also referred to as a profit and loss statement. By combining these elements, the income statement illustrates just how much income your company makes or loses during the year by subtracting cost ...
GC Construction Holdings Limited (HK:1489) has released an update. GC Construction Holdings Limited has issued a profit warning, anticipating a net loss of at least HK$7.0 million for the six ...