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English Bigblls - 20 Dec'05 - 17:21 - 1980 of 1981

Jaknife,

Gross profit means profit before tax. How much tax do you think PTC will pay on their profits given the loss they made last year?


EnglishBB - You appear to be confusing gross profit with operating profit(FWIW, PBT is usually similar to operating profit, unless there are significant interest payments or interest receipts).

Gross profit is basically (Sales - Cost of sales).

This figure is, therefore, before any other operating charges such as admin, distribution etc.


Isn't it strange that most of the PTC bulls here appear to have practically no understanding of company accounts.

Then again, perhaps not........

Rgds
dell

All IMHO, DYOR etc.