Operating Profit definition

Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

Operating Profit means the difference between the discounted revenues and the discounted operating costs over the economic lifetime of the investment, where this difference is positive. The operating costs include costs such as personnel costs, materials, contracted services, communications, energy, maintenance, rent, administration, but exclude depreciation charges and the costs of financing if these have been covered by investment aid. Discounting revenues and operating costs using an appropriate discount rate allows a reasonable profit to be made;

Operating Profit means a positive Operating Profit (or Loss), and “Operating Loss” shall mean a negative Operating Profit (or Loss).

Examples of Operating Profit in a sentence

• Consolidated financial results for the six months ended August 31, 2023 (from March 1, 2023 to August 31, 2023) (1) Consolidated operating results (cumulative) Percentages indicate year-on-year changes Operating revenue Operating profit Ordinary profitProfit attributable to owners of parent Millions of yen%Millions of yen%Millions of yen%Millions of yen%Six months ended August 31, 2023221,1755.820,81062.422,18152.014,96210.6Six months ended August 31, 2022209,012–12,812–14,597–13,522– Notes: 1.

• Operating profit amounted to NOK 53 million (31 million) in the second quarter and as of 30 June 179 million (69 million).

• Operating profit For the year ended December 31, 2022, the Corporation’s operating profit had totalled $81.3 million, a $37.1 million year-over-year decrease.

• Operating profit As a result of the aforementioned factors and excluding a $0.6 million operating loss from Diamond, the Corporation’s operating profit totalled $32.6 million in the fourth quarter of 2023 versus $16.7 million in the fourth quarter of 2022.

• Operating profit margin equals Profit / (Loss) before depreciation and amortisation expenses, Interest Tax and Exceptional items less Other Income divided by Revenue from operations.

More Definitions of Operating Profit

Operating Profit means, with respect to any Fiscal Year, any net income of the Partnership, adjusted to exclude (a) any Capital Profit or Capital Loss, and (b) the effect of any reorganization, restructuring or other capital transaction proceeds derived by the Partnership. To the extent derived from any Fund, any items of income, gain, loss, deduction and credit shall be determined in accordance with the same accounting policies, principles and procedures applicable to the determination by the relevant Fund, and any items not derived from a Fund shall be determined in accordance with the accounting policies, principles and procedures used by the Partnership for United States federal income tax purposes. Operating Profit shall not include any income or gain attributable to a Book-Tax Difference.

Operating Profit means the Company’s annual pre-tax earnings from continuing operations plus annual interest expense less non-operating income.

Operating Profit means, as applied to any Person for any period, the operating revenue of such Person for such period, less (a) its costs of services for such period and (b) its selling, general and administrative costs for such period but excluding therefrom all extraordinary gains or losses, all as determined and computed in accordance with GAAP.

Operating Profit means, with respect to any given period of time, the excess of Gross Revenues over Deductions (each calculated in accordance with this Agreement and the Uniform System of Accounts).

Operating Profit means as to any Performance Period, the difference between revenue and related costs and expenses, excluding income derived from sources other than regular activities and before income deductions.

Operating Profit means gross profit less operating expenses. Operating profit includes all income derived from the business activity being evaluated by the comparable profits method, but does not include interest and dividends, income derived from activities not being tested by this method, or ex- traordinary gains and losses that do not relate to the continuing operations of the tested party.

Operating Profit means the difference between the discounted revenues and the discounted operating costs over the relevant lifetime of the investment, where this difference is positive. The operating costs include costs such as personnel costs, materials, contracted services, communications, energy, maintenance, rent, administration, but exclude, for the purpose of this Regulation, depreciation charges and the costs of financing if these have been covered by investment aid.