For example, if a movie costs $60 million to produce and $30 million to distribute and market, then takes in $240 million in worldwide box office, Sony's cut would be about $120 million and its
gross profit would be a fairly impressive $30 million.
Our ocean transportation
gross profits increased 48.
The Board's chief executive, Rodney Brack, said yesterday: "I question how such a system would work, since at present most bookmakers cannot calculate
gross profits on their horseracing turnover in isolation from the rest of their business.
For the first quarter, Sourcing
gross profits increased 13.
30 1992, net revenues,
gross profits, operating profits, and net income increased 17.
Our selling, general, and administrative expenses grew faster than our
gross profits, due primarily to increases in our legal, travel, and occupancy expenses.
Gross profit increased from $6,058,000 in 1991 to $7,116,000 in 1992, an increase of 17 percent and as a percentage of revenue,
gross profit increased from 19 percent to 22 percent.
This decrease was due to a decline in selling, general and administrative expenses as a percentage of
gross profits from 14.
In the fourth quarter of fiscal 2006, the company's
gross profits exceeded its cost of operations; and, for that quarter, operations were funded entirely through the sale of its products.
ATLANTA -- Second Quarter and Six Month Revenues Increase 68% and 85% Respectively;
Gross Profits Increase 67% and 80%
While revenue was down in the three and six month periods in 2005 compared to the same periods in 2004, the company increased its second quarter
gross profit by over $240,000 and its year to date
gross profit by $320,000 over its
gross profits for the same periods in the prior year.
For the first 6 months of 2005, the Company recognized
gross profits of $2,212,906 as compared to
gross profits of $827,094 for the first 6 months of 2004, an increase of $1,385,812 or 168%.
Although our core business and top line growth remain strong,
gross profits continue to be negatively impacted by rising steel and other material costs.
During the year,
gross profits from the Industrial & Offshore Division increased 54% to $5.
Management believes this most likely indicates that the decline of sales and
gross profits has leveled off and the Company is more likely than not positioned to experience an increase in sales and
gross profits going forward.