Iranâs total non-oil exports topped $37 billion in total over the past 11 months, a 15 percent rise over the previous year, when sanctions were at their most stringent level. This included more than $550 million in trade with the United States, according to Iranian officials.
Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
Net profit, on the other hand, is the gross profit, minus overheads and interest payments and plus one-off items for a certain period of time. In the UK, the VAT (a value added tax that is a sales tax) is only included in a gross amount; the net amount is calculated before tax.