We profit commensurately to what we produce.
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That was extremely easy for us at the time because we had no employees, we had no profit, and we had no equity.
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First, we regard profit as merely the byproduct of serving society and a broad range of stakeholders.
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In pursuing self-interest, we garner profit through efficiently satisfying customers in manners which enrich the entire populace.
"We sacrificed profit today as an investment in the brand's future, " explains Soutter.
As the economy recovers, we expect profit margins to rise to around 18% by 2013 and stay about flat thereafter.
Doing this is hard, which is exactly why we need profit seeking companies and a market working to do it better.
If we're sitting in this competitive position 10 years from now I'll be very disappointed, but quite frankly as far as the company is concerned, if we are well accepted by consumers and we deliver profit contributions, how you sold relative to the competition is somewhat irrelevant.
Then it breaks into profit: should we tax purely that profit when it finally arrives or should they be allowed to carry forward those losses to offset against the profits?
Meanwhile, if we depended solely on profit for motivation, we would not have national defense, child protective services, or education (or police protection or fire protection) for the poor.
The debt-ceiling crisis was neither optimal in its settlement, nor elegant in its solution, but it does provide a most vivid set of insights into both choice and leadership and we should at least profit from the spectacle that we have all be watching unfold before our very eyes over the past few months.
Put more simply, if we had never let inventors profit from their inventions, we would all still be living in the dark ages.
Moreover, as we are people of conscience, we will place profit considerations behind doing good for the community.
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"In the second quarter, we delivered strong profit, earnings and free cash flow growth, " said IBM boss Ginni Rometty.
We note strong profit growth, low inventories and low real interest rates.
Their attitude is, no, we'll take the young, healthy ones, and that way we never have to pay out and we make more profit.
Last week, we continued the profit-taking theme and identified six semiconductor stocks that were overvalued by 20% or more according to our proprietary ValuEngine.com stock valuation model.
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That is apparently the basis for assuming that the only reason we would support an affordable housing program -- along with such nonpartisan groups as Catholic and Lutheran Churches, Habitat for Humanity, and Enterprise Community Partners -- was so that we could personally profit from this politically.
We made a lot of profit over the last six months and we don't have to sell.
Profit from property projects is not astronomical, but we can make a reasonable profit.
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However, we do not find that the profit share is rising (assuming that we take out the entirely atypical 1970s that is).
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"Because we don't make a profit, because the rates of interest we're allowed to charge are fixed by the government, it's quite hard to generate income, " he said.
Where we delight our customers the most (and earn the biggest profit) is where we have the best chemistry.
We build for-profit, for-purpose ventures that tackle problems affecting at least 1 billion people.
So, when you first make a profit should we charge you the full whack on those profits?
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This is a capitalist, for-profit world we live in, is it not?
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"Next year we expect our operating profit to break even, " he said.
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