The New-York based company said, Tuesday, that profits totaled a record $946 million, or 75 cents a share, in the January-March period, up from $794 million, or 61 cents a share, a year earlier.

Choose your answer: based on the paragraph above can we conclude that "The profits have never been better"?

OPTIONS:
(I) Yes;
(II) It's impossible to say;
(III) No;
I think the answer is